Bitcoin Magazine Podcast cover image

IMF Debates CBDCs with the Bitcoin Policy Institute

Bitcoin Magazine Podcast

00:00

How Effective Are Anti-Money Laundering Laws?

One of the results commercially of AML laws is that anywhere between 30% and 65% of decline transactions globally are in fact legitimate. Compliance costs however exceed those recovered criminal funds more than 100 times over. Banks, taxpayers and ordinary citizens are penalized more than criminal enterprises. So again we must ask who are these laws for?

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app