something else the board needs to be aware of just in case:
AML = antimoney laundering
MSB = Monetary Services Businesses
I had to read this article twice to fully understand it. this is also whats contributing to a lot of discord in the cryptocurrency community. The powers that be are FIGHTING TOOTH AND NAIL for total control of the FINTECH industry. now I understand why people who make it big the cryptocomm move their companies out of the US. the US wants to KNOW every damn thing about your money transactions...probably so they can tax you on it and insure uncle pimp gets his cut.
Taiwan AML reforms & USD/Crypto Drama
AML = antimoney laundering
MSB = Monetary Services Businesses
I had to read this article twice to fully understand it. this is also whats contributing to a lot of discord in the cryptocurrency community. The powers that be are FIGHTING TOOTH AND NAIL for total control of the FINTECH industry. now I understand why people who make it big the cryptocomm move their companies out of the US. the US wants to KNOW every damn thing about your money transactions...probably so they can tax you on it and insure uncle pimp gets his cut.
Taiwan AML reforms & USD/Crypto Drama