applying the "travel rule" to crypto transactions is a nightmare in the making
|Jun 7||Subscriber's post|| 4||1|
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FATF Cat Bankers
One of the only risks that still scares me in bitcoin is that a stupid regulator will concoct a half-baked and overly burdensome crypto transaction reporting standard - almost certainly in the name of “security” - that makes compliance all but impossible.
Something dumber than the N…