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"The Wolfsberg Group, an association of 12 global banks that aims to develop frameworks and guidance for the management of financial crime risks, has released Frequently Asked Questions (FAQs) on Digital Assets."

It is an ominous foreshadowing of the kind of transactional surveillance that is to come:

- Device IDs

- IP addresses

- Social media information

- Behavioral customer data

Not to mention the impending AI onchain-analysis of Bitcoin's public blockchain.

You cannot have freedom without privacy.

Privacy is not a crime.

https://www.therage.co/wolfsberg-group-creates-deeply-flawed-definitional-hierarchy-for-ml-tf-risks-in-digital-assets/

#Ikitao #Privacy

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Marcellus 1y ago

Banks don’t like competition in the money laundering business

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