Sucks to be a yank (for the Americans).
One thing I’ve noticed in court documents simply moving tokens from a to b is considered layering even though it’s all transparent and public.
Note it’s not illegal to say to move funds from a western bank to a Chinese bank and then to another bank which obviously obfuscates as it’s different rails - so not sure how this bill can legally pass except fear tactics
America needs the ETFs as it will force the funds into the system rather than leaving it.
EU the same.
Not sure on the UK yet - bare in mind one of the largest
tether owners is the bank roll to the conservatives - f**k if I was residing there I’d probably pony up a sizable amount to keep them from turning authoritarian alas beating a dead horse I will at some point renounce anyway.
Then they will come down on independent thinking governments - but we are seeing push back (see
Malaysia and sanctions).
You truly need Russia to win for the wider democracy to win even if Ukraine is gutted because then Russia is too weak and you need a nasty country to point at so our own Goverments don’t become even more authoritarian… fucked up world lol