AML & KYC is just a totalitarian control measure. Most terrorist funding comes from governments and most money laundering is done is USD.
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AML & KYC is just a totalitarian control measure. Most terrorist funding comes from governments and most money laundering is done is USD.
I think governments will keep pushing these requirements. Crypto will adapt as always.
On the plus side I think that CEXes embedding existing regulations builds a bridge for wider crypto adoption.
True.
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