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> these laws are largely ineffective at stopping actual money launderers This is a non-goal. Taking it at face value is extremely naïve, and no one in the fint
by egorfine 2y ago
> these laws are largely ineffective at stopping actual money launderers
This is a non-goal. Taking it at face value is extremely naïve, and no one in the fintech world thinks this way.
AML laws exist solely for the purpose of enforcing the American grip on the world's politics via financial means.
- throwaway2037 2y agoWhat about Europe/Japan/Australia/NZ? They don't care about AML? This is really a stretch.
- egorfine 2y agoEvery financial system in the world that remotely matters is a member of FinCEN and adheres to the same rules. Except the US of course.
- deleted 2y ago[deleted]