I wonder what the Trump treasury is surveilling for here?
https://www.cato.org/blog/trump-treasury-expands-financial-surveillance
Discussion
I wonder if the policy incoherence of this with the supposedly "pro-bitcoin" POTUS is going to lead to some internal confrontations in the administration....
Like, what if this just winds up pushing more people into using Bitcoin? Are they going to have to crack down on Bitcoin to satisfy the anti-immigrant bloc of MAGA?
right.
the time to stop using exchanges was 10 years ago
Probably exactly what they say. When you first change something, everyone pays attention. Once they stop paying attention you can roll it out for everyone else
Never trust any politician 🖕
From the article:
"The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that the threshold for currency transaction reports has been lowered from $10,000 to $200 for Americans living in 30 zip codes in California and Texas. Financial surveillance in the United States has long needed reform, but this move is in the wrong direction.
FinCEN officially announced the temporary policy change as an effort “to further combat the illicit activities and money laundering of Mexico-based cartels and other criminal actors along the southwest border of the United States.”
You! And the tards printing checks from the treasury to everyone they can think of
My guess is cartel money
Bought eggs with your groceries? Money launderer.
Right to jail, right away.