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AKA that time Facebook tried developing a payments product on the premise that KYC and AML laws didn't apply to them.
by tjpnz 4y ago
AKA that time Facebook tried developing a payments product on the premise that KYC and AML laws didn't apply to them.
- bigiain 4y agoTo be fair, apart from pesky regulations and “outdated 1980s banking rules”, I’d bet Facebook do a way better job of “knowing their customer” than any traditional bank does…