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A comment on Diem – A rebrand of Facebook’s Libra. Parent comment

Re:Diem – A rebrand of Facebook’s Libra by TigeriusKirk on Sunday December 06, 2020 @10:46AM (#25324214)
This is a global project, so it will be used in countries where this just isn't accurate.
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Re:Diem – A rebrand of Facebook’s Libra by jiofih on Sunday December 06, 2020 @11:41AM (#25324579)
Like, for example? Micronesia?

You may want to update your world view for the 21st century - there is no “wild west” left, every country where this matters will have financial regulations.

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Re:Diem – A rebrand of Facebook’s Libra by TigeriusKirk on Sunday December 06, 2020 @12:19PM (#25324907)
It's simply wrong to state every country that "matters" has KYC/AML regulations similar to those required in the US.
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Re:Diem – A rebrand of Facebook’s Libra by ExtraServings on Sunday December 06, 2020 @12:36PM (#25325034)
so again, which countries?
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Re:Diem – A rebrand of Facebook’s Libra by TigeriusKirk on Sunday December 06, 2020 @12:49PM (#25325133)
Many, many countries don't have KYC/AML laws as strict as the US. If you want specifics, I encourage you to look into it.
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Re:Diem – A rebrand of Facebook’s Libra by jiofih on Sunday December 06, 2020 @05:31PM (#25327269)
Countries like...? You must have a source or some knowledge backing that statement?
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