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by CryptoPunk
1944 days ago
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>>money laundering It gives people locked out of the global financial system by the warrantless financial mass-surveillance regime, aka the global AML regime, a lifeline: https://www.coindesk.com/money-reimagined-ugly-side-kyc-aml-... >>At a 2015 blockchain event, Nairobi-based bitcoin pioneer Elizabeth Rossiello answered an audience question about the impact on Somalians of a recent shutdown in remittance inflows after the U.S. government had labeled the country a “high-risk jurisdiction.” The AZA Group CEO’s answer was blunt: “They starve.” Remember, under financial-mass-surveillance (AML) laws, you're guilty until proven innocent, and your nationality and residency can be considered as proof of guilt. |
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