GM fellow money launderers, let’s start the week with some great news.
The House has passed the „Financial Technology Protection Act of 2023“, which will establish an „independent working group“ consisting of representatives from the CIA, the Department of Homeland Security, and the FBI as well as representatives from „Blockchain Intelligence“ to report on and propose regulation and legislation to combat the use of „digital assets and other relating technologies“ in money laundering and terrorist financing.
The Bill aims to „provide a forum for engagement between federal law enforcement and intelligence professionals, and private sector technologists and researchers“ – It’s primary concerns lie "with digital asset platforms that have 'substantially deficient' anti-money laundering programs that operate outside of the U.S.".
In case it isn't clear, the Financial Technology Protection Act is the fox guarding the hen house. If the Bill becomes law, we should all get ready for some extraordinarily „independent“ findings on the use of Bitcoin in money laundering and terrorism.
Full Story:
https://www.therage.co/house-passes-bill-to-establish-independent-crypto-working-group-feat-cia-dhs-blockchain-intelligence/
Oh and don’t forget the ever-useful and resourceful “anonymous sources” l0la cmon
‘Substantially deficient anti-money laundering programs that operate outside of the United States.’ Talk about the pot calling the kettle black. What is that, programs that don’t criminalize transactions over $10,000 per and surveillance everyone transacting?
Sounds like the criminals are already inside the US govt.
What affect will Chevron ruling have on this new law?...Is this them creating a bypass?
They better go buy some 5 dollar wrenches
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That's why we do not rely on Bitcoin as a private means of payment.
Monero is their master.
nostr:nevent1qqs9g4r3z5xn8rdcd28gsxexk5ed8mug8kg2ec2m5us6rv9gc2vxp8gppamhxue69uhkummnw3ezumt0d5pzpk9xancv89h24rme53yhl6dh0hyhwce528eu5hrrfcsgvkg3vermqvzqqqqqqy4r867m
definitely an independent working group
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