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WORLDS LARGEST Bank Has A Secret Plan To ATTACK Bitcoin | EP 1311

Simply Bitcoin

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Balancing Compliance and Privacy in Crypto

This chapter explores the complexities of Anti-Money Laundering (AML) compliance in the cryptocurrency space, particularly in light of a recent report from the Bank for International Settlements. It discusses the challenges faced by decentralized systems, emphasizing the importance of self-custody and the implications of regulatory measures like compliance scores. The dialogue also highlights a grassroots movement within the Bitcoin community advocating for peer-to-peer transactions to preserve privacy amidst increasing governmental scrutiny.

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