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How does Facebook intend to support anonymous transactions without running afoul of Anti Money Laundering laws? If Facebook were to implement Libra in marketpla
by tjpnz 7y ago
How does Facebook intend to support anonymous transactions without running afoul of Anti Money Laundering laws? If Facebook were to implement Libra in marketplace (for example) they would be obliged to do KYC on their sellers in some jurisdictions. That potentially means they would be handling identity documents and would be required to ban anyone (from all of their services) found to be involved in a criminal enterprise.