enlund on Nostr: What is the origin of all AML and KYC rules? To what extent are they effective? And ...

What is the origin of all AML and KYC rules? To what extent are they effective? And what if the purpose of a system is what it does?

A ~4 minute read on financial regulation.

https://yakihonne.com/article/naddr1qvzqqqr4gupzqs35yguednn9f9equekad0ztklhmnujuvrzgzmtmc3axtcwcpkeyqq24jvz0fuuhy534wa5nve3nxqu9x526tpey2cec7ep