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0 pointsdisgruntledphd21mo ago0 comments

There are AML and sanction laws everywhere, yes. However the US sanctions are mostly enforced by not letting the offending banks transact in dollars, which are basically controlled by the US government. Because the US dollar is the world reserve currency, this normally causes banks to comply with this legislation and sanction lists.

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embedding-shape1mo ago

Yes yes, we understand you, if you want to participate in the USD, you follow US embargoes, you have repeated this without actually answering any questions like 5+ times in this submission now, I think most of us understand the point you're trying to make when you keep repeating it.

They don't exists in every country, the question then becomes do they exist wherever Binance is actually headquartered?

disgruntledphd2OP29d ago

> They don't exists in every country, the question then becomes do they exist wherever Binance is actually headquartered?

If you can figure out where Binance is ultimately controlled from, you'll be doing much better than lots of financial journalists.

embedding-shape29d ago

So why all the raving about US this and US that if no one, including you, even know where they are based? Do you not feel like that's relevant when discussing US embargoes?

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