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You said it breaks U.S. law. I believe this is inaccurate because I am not able to find such a law. Would you care to elaborate ?
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Requirement is basically "take reasonable measures to identify and report suspicious activity according to industry standards and risk assessment". So, blockchain analysis is not a strict requirement but, at this point, a regulator would be suspicious if there's none at all.
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so would you say this guess is inaccurate?
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Replying to @WayneVaughan and @coinbase
regulatory hurdle. they hope that monitoring the history of your money (which isnt even possible with cash) becomes required in which case the barrier to entry of the industry is raised and they win from having the required infrastructure already built.
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No I wouldn't.
has already stated that spends substantial manpower and money to COUNTER-lobby 's efforts of lobbying for more regulation in DC.
& certainly 'hope' and aim for a regulatory moat. Pathetic rent seekers.
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