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by SanchoPanda 2468 days ago
You tell Facebook that if a French national is offered Libra you will fine them. If they complain they don't have the tech to prevent that. You fine them anyway.

The theme here is that Facebook has lost the trust of too many important people, and maybe they just want to hurt what looks like another enormous American tech company that has been too careless and too aggressive.
1 comments
CaptainZapp 2468 days ago
If they complain that they're not able to identify who lives in France you bring the hammer of the law down; hard!

They would just have conclusively proven that they ignore KYC regulations and are running the biggest money laundring operation ever

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alacombe 2468 days ago
French citizen (even with French addresses) are not prohibited to do things which would be illegal in France but legal where they currently reside. So KYC is utterly useless in this case.
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