honestly the backlash is on the whole idea of using state resources to whitelist transactions its not about whether a country or participants in a country fulf

honestly the backlash is on the whole idea of using state resources to whitelist transactions its not about whether a country or participants in a country fulfills the criteria set forth in "are they circumventing capital controls to also fund terrorism" guideline its about the capital controls at all. banks obviously aren't playing ball and the state can only leverage the financial institution's relationship with their central bank to enforce this anyway, parallel non-bank payment systems make it more apparent that all of this a moot point anyway, and the costs to enforce this ideal are extremely high. obviously no senator can say "maybe we shouldn't try attempt to police terrorism financing", but a 28 country bloc that requires unanimous consent can easily bring sanity back into public resource use, and thats what is happening here.