Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
HairyMaclairy
on 24/03/2018, 11:34:54 UTC
in which Joe Ciccolo, the president of BitAML, Inc., a compliance service provider and Andrew Hinkes, an adjunct professor at the NYU Stern School of Business and NYU School of Law flounder about misunderstanding bitcoin.
https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_compliance.aspx#vc_faqs
561. How will OFAC use its existing authorities to sanction those who use digital currencies for illicit purposes?
562. How will OFAC identify digital currency-related information on the SDN List?

in which the USG flounders about misunderstanding bitcoin

A lot of this already happening.  OTC traders won’t accept tainted coins.  Exchanges will brick you if you send them tainted coins.  Anyone who uses tumblers is an idiot - you probably get worse than what you started with.