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Trump Treasury Department says it will stop enforcing anti-money laundering law (www.reuters.com)

submitted 6 days ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 day ago

Of course it will.

I have to wonder if it's at all coincidental that this comes at the same time as the Crypto Reserve announcement. A few years back, Putin legalized money laundering in Russia with the introduction of an electronic ruble, and a 25% tax on e-ruble conversions to regular rubles when provenance of the e-ruble's source is not provided. An easy way to hide illegal transactions, and a nice cut for the state so Putin can take it for himself.