The fundamental totalitarian signal is in the first phrase; "anti-money laundering laws." Money laundering is a fake crime. If you steal from someone, that's immoral and should be illegal in any functional system of government.

What the thief does with the stolen money is not a separate crime. Entering into a consensual financial exchange with someone is not immoral and should not be illegal.

If someone committed a crime, prosecute the crime. Trying to prosecute an ordinary financial transaction on the basis of an actual crime that occurred is ridiculous and just an easy excuse for political persecution.

A lot of anti-money laundering lawfare is just an attempt to expand a government's control beyond their jurisdiction. So Iran has certain laws and policies in their country that the US government doesn't like. Obviously Iranian government policy is outside US government jurisdiction. Instead of accepting that fact like a rational person, the US says that, for example, US businesses can't sell Bitcoin to Iranian citizens because it "facilitates money laundering."

If the power-mad psychopaths in government would just accept their limitations instead of playing God and inventing fake crimes that serve no purpose except to control more and more people's behavior, this wouldn't even be an issue.