US Treasury Department says it will not enforce anti-money laundering law

submitted by https://lemmy.world/u/arotrios

The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners.

Remarkable timing there… I’m sure it’s purely a coincidence that this new EO slipped in right before Trump announced his https://www.cnbc.com/2025/03/02/trump-announces-strategic-crypto-reserve-including-bitcoin-solana-xrp-and-more.html

“Treasury takes this step in the interest of supporting hard-working American taxpayers and small businesses…”

1984 has come and gone, and America is now officially for sale.

https://www.reuters.com/world/us/us-treasury-department-says-it-will-not-enforce-anti-money-laundering-law-2025-03-03/

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