Some $158 billion worth of illicit crypto traded last year, and much of that activity came from just one source: a ruble-pegged stablecoin with ties to Russia.@s_lutz95 explains ⬇️ https://t.co/RVWw56FtBS ...

It's been more than 50 years, right. And you can ask, okay, 50 years, are we noticeably better. And the answer is no, we're not.Most of the people are honest and, you know, happy and not criminals and so on and do things that you want them to do and flourish in. Yes, there [music] are some bad people. But if you go down the route of putting, you know, mass surveillance because you want to stop the bad people, what you end up with is a very bad state in which people are weak, miserable, and the thing is that ...

The Hong Kong Monetary Authority stated that, because the industry's current ongoing monitoring tools have not fully satisfied to effectively manage money laundering and financial crime risks, the identity of every compliant stablecoin holder in Hong Kong will initially be verified, and a real-name system will be temporarily adopted for stablecoin holders in Hong Kong. https://t.co/RUFAIiBDkZ ...