Tech experts urge Washington to resist crypto industry’s influence

Re:Tech experts urge Washington to resist crypto industry’s ... by forum_ghost on Thursday June 02, 2022 @02:26AM (#31592028)

> Do Germans or Italians want different anti-money laundering standards, for example?

Yes. Germany is the highest user of cash in G-7 and has radically different views on privacy from other G-7/G-20 country, doesn't even have a centralized citizen register.

They have very little in common with Italy on many aspects, and certainly standards would vary as well.

But what does it matter? You think supra-national organizations actually care what some little people think?

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Re:Tech experts urge Washington to resist crypto industry’s ... by RandomLensman on Thursday June 02, 2022 @03:56AM (#31592513)

Show me the survey on AML, please.

Edit: German citizens are all properly in registers, more local, but very registered nonetheless. You need to have government ID by law. Plus there is a national tax ID.

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Re:Tech experts urge Washington to resist crypto industry’s ... by forum_ghost on Thursday June 02, 2022 @09:08AM (#31594364)

Do tell: how do you think these standards are established? By performing surveys or some other democratic/rule of law/other ritual?

FATF is an unelected, undemocratic body, where you have absolute monarchies like Saudi Arabia and authoritarian states like Russia audit the free/democratic/morebuzzwords West.

I can only imagine you think voting matters too.

It doesn’t, never did.

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