Cryptocurrency Is Inherently More Private Than Legacy Electronic Money

The technology is inherently more private I would say than at least legacy electronic money yeah. Bitcoin and others can basically use the native tools that are inherent to the blockchain in order to combat money laundering terrorism financing way more effectively than with some of these more traditional rules. In Germany in the EU now the policymakers have moved to a more risk-based approach for transactions with self custody wallets, he said. He added: "My strategy wouldn't be to go in the room and say you know fuck FATF"