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0 pointsJumpCrisscross1y ago0 comments

> a probe about violating AML laws and sanctions. Which would likely only involve specific addresses in crypto and some onramps. But otherwise crypto-crypto trading won't be a part of this.

You think a dollar stablecoin won't be affected by being prohibited from touching dollars or the dollar financial system?

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yieldcrv1y ago

I didn't say that, that statement doesn't imply that or suggest that.

The result of this probe likely won't be that as the DOJ is just emboldened by their Binance and CZ conviction, where the founder spent a couple months at a Southern California Federalbsummer camp and the DOJ got a few billion dollars, and Binance continues to operate as before and no further regulatory overhang is above them and all the money coming in and out is magically seen as clean.

JumpCrisscrossOP1y ago

Fair enough. That said, Binance can co-operate with authorities in a way Tether may be technically limited in being able to.

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