Birdwatch Note Rating
2024-01-23 07:49:37 UTC - HELPFUL
Rated by Participant: E7E24BA20A2904255B368EB8BEB3DEC8873F647750CAD4BBF5A5DF3A2D2D483F
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