Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services.
via CoinDesk
Friday, October 23, 2020
CryptoCurrency News: Money Reimagined: ‘They Starve’: The Ugly Side of the US’ KYC-AML Obsession
Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services.
via CoinDesk
Subscribe to:
Post Comments (Atom)
bitcoin faucet
Popular Posts
-
There are some very good reasons, it turns out, rooted in our deep, totally irrational animal brains. via CoinDesk -
Many people ask "When is the best time to buy Bitcoin?" or "Will the price go down? I want to buy, but should I wait?" ...
-
The golden cross and death cross have long helped traders predict and confirm long-term price trends. Here’s a primer for crypto investors...
-
CryptoCurrency News: BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending SoarsBlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months. via CoinDesk
-
Lithuania's central bank has said it is probing Bankera's initial coin offering after determining that the token offered counts as...
-
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit....
-
In digital assets, high yields are ubiquitous, but it’s not always clear what risks are actually taken to generate these yields, says our ...
-
Numerous users complained on social media they couldn't cash out their BCC tokens on BitConnect's site following the shutdown of i...
-
Share Tweet Share Email Whatsapp Print Auto Channel Indicator is a neat indicator that is designed to ...
No comments:
Post a Comment