Quote from: tuaris on Today at 06:59:12 AM

This is all great, but I really just want to see all this AML and KYC BS go away. It's too much of a barrier for small business/startup innovation.

Only with bitcoin, or with everything related to money and assets? How do you see lack of transparency affecting to corruption and money laundering? Or are those things that you wouldn't mind happening on larger scale?

And if you are only separating bitcoin to be outside of AML why is that? With liquidity of it increasing and promises of US reserve, don't you think everyone would move to avoid sanctions and wash their money in bitcoin if that was outside of AML?

It however doesn't look like their Department Of Government Efficiency would propose significant cuts to FinCen in any way, nor there's any signal that US would leave FATF.

What they going to get rid of is regulations that regulate banks to protect their customers, meaning more more bank bailouts in the future. So, ironically circle closes to text embedded in first block of bitcoin: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"