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provoost / Sjors Provoost
npub1s6z…wk4c
2024-10-18 20:07:55
in reply to nevent1q…mler

provoost on Nostr: Closing their accounts yes. More specifically, doing so to save money on compliance ...

Closing their accounts yes. More specifically, doing so to save money on compliance cost and fines, as opposed to actually caring about preventing money laundering. Which makes total business sense.

Even the #FATF acknowledges this:
https://www.coe.int/en/web/moneyval/implementation/de-risking
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