The UK now chairs FATF (Financial Action Task Force, the body setting global anti-money laundering standards), with fraud as its two-year priority.
The plan means more data sharing across exchanges, banks and telecoms.
On Bitcoin's public ledger that's not the same trade-off as with hidden bank records: link an identity to an address once and it can be traced for good.
Self-custody helps, but it isn't a full shield once KYC has already tagged a wallet.
Read the full article:
https://bitcoinpolicy.uk/blog-1/f/fatf’s-fraud-roadmap-expands-data-risks-and-global-surveillance
Susie (npub1hwg…03sg)
