Quote from: msin on October 19, 2012, 09:41:20 PM

Quote from: MagicalTux on October 19, 2012, 08:45:57 AM

Quote from: msin on October 18, 2012, 10:13:30 PM

MtGox is paid by the US government for all user information and transaction information.

If only...

Not only we are required (by the FATF, not the US government) to collect AML information and ensure transaction data is matching the information on file, but this is something we pay for. This means 3 fulltime employees with appropriate training and regular updates on procedures/etc.

Haha, how many people does MtGox employ to troll these boards and respond to every negative post? Why are you a member of FATF? Do you even know who has access to FATF's information? The US Government invented terrorism financing (see cold war) and they know how to stop it. I can send anyone in the world money via Dwolla, yet they don't have your strict AML standards. For those who are investing in Bitcoins, no worries, for those who use it to purchase, be careful, that's all I'm saying.

Japan is a FATF member country, you idiot. So is the US. The financial intelligence units of FATF nations share information - this is no secret, but it has nothing to do with being paid for collecting and/or reporting that information. Each member country determines its own specific AML/CTF legislation but they all follow the same broad framework. And if you think that Dwolla isn't going to be requiring just as much KYC information as PayPal in the near future, you're a complete idiot - Veridian will start demanding it. Dwolla and Veridian both give information to FinCEN - do you think they're getting paid for it too.