Birdwatch Note Rating
2024-01-22 18:12:05 UTC - HELPFUL
Rated by Participant: 11D62E08D377313EA85B58017F200FEB0CB4EC37C49328FF9D2C48E8DA6B6149
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
All Note Details