Gleam of hope: Maya Parbhoe running for president of Surimame is the ONLY non-north Korea country to openly denounce the FATF. Donate to her campaign on geyser.fund if she gets elected that country will be the only bastion of freedom left, in terms of Anti Money laundering requirements like the travel rule.
Discussion
Ah yes, the FATF, that quasi-public body where liberal democracies think they are doing the right thing and authoritarian regimes love it for the total financial surveillance that is being put in place. The FATF has managed to put themselves into a place where governments think they are accountable to them for fear of being put on a gray list.
Yes, that's the one. It's responsible for the EU travel rule, and every other country as well. Countries and regulators are in the implementation phase. Takes a few years for policy to become law, and law to become enforced.
I suggest everyone developing value transfer tech do so anonymously. If there are balls to grab, governments will grab them.