[WIRED] Citing Hamas, the US Wants to Treat Crypto "Mixers" as Suspected Money Launderers
[WIRED] Citing Hamas, the US Wants to Treat Crypto "Mixers" as Suspected Money Launderers
With a new emphasis on the Hamas attacks on Israel, the US Treasury has proposed designating foreign cryptocurrency “mixer” services as money launderers and national security threats.
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Shhhh would someone please remind them that money laundering of large scale occurs regularly at much higher volumes in London banks and others?
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Politicians say "rules for thee but not for me" though.
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HSBC, UBS and Deutsche Bank:
lol
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But those companies have paid good money to politicians for that privilege. You can't expect them to have to follow the rules. To quote Jafar from Aladdin, "You ever heard of the golden rule? Whoever has the gold makes the rules."
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They don't like the competition
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I would have said you've forgotten Credit Suisse but now that UBS swallowed it, it works.
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Meanwhile cash be like $$$