rich1.0bitcoinpolicyuk wrotebitcoinpolicyuk (npub1z7…pd4yx)https://nostr.now/npub1z74dj8y9xgq3lmz3eyvarzmwxwllhuzewz2exwz5j57tf6jssmss9pd4yxnjumphttps://nostr.nowThe 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
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