Birdwatch Note Rating
2024-01-22 15:21:47 UTC - HELPFUL
Rated by Participant: 07887165600EC0DB9224F423956A2CBD619696CB439ACE43C431332A196A2866
Participant Details
Original Note:
Existing AML rules already apply to intermediated crypto activities. The senator's bill would subject crypto users to stricter rules than everyone else https://coincenter.org/the-digital-asset-anti-money-laundering-act-is-an-opportunistic-unconstitutional-assault-on-cryptocurrency-self-custody-developers-and-node-operators/ Additionally, the post is misleading in framing crypto as a superior and preferred tool for sanctions evasion https://home.treasury.gov/system/files/136/2022-National-Money-Laundering-Risk-Assessment.pdf
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