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Bank exclusion

How to buy, profit and invest in crypto currencies or NFTs
Urbandreamer
Lemon Quarter
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Bank exclusion

#641053

Postby Urbandreamer » January 18th, 2024, 11:57 am

I have put this on the cypto board as it was here that Lootman was shocked that people were having their bank accounts frozen and closed.

I was listening to the Stephen Livera poscast (Austrian Economics & bitcoin).
https://stephanlivera.com/
Transcript and mp3 here.
https://stephanlivera.com/episode/542/

The most recent was with an interview with these people.
https://en.odfoundation.eu/
Since its founding, statutory objectives of the Foundation include the protection of human rights, democracy and the rule of law in the post-Soviet area.


It's worth reading it's presidents submissions to FATF about the downsides and abuse of AML regulations.

https://en.odfoundation.eu/a/724804,aml ... onference/
Basically her family, others who work in that organization, and any associated with them, are denied bank accounts.

Aleksa
Posts: 1
Joined: April 12th, 2024, 10:37 am

Re: Bank exclusion

#659095

Postby Aleksa » April 12th, 2024, 10:50 am

It's crazy how AML regulations can have unintended consequences, like denying bank accounts to organizations fighting for human rights. Checked out the interview – eye-opening stuff. Looking forward to more insights on this.
:D

Urbandreamer
Lemon Quarter
Posts: 3192
Joined: December 7th, 2016, 9:09 pm
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Re: Bank exclusion

#659100

Postby Urbandreamer » April 12th, 2024, 11:24 am

Aleksa wrote:It's crazy how AML regulations can have unintended consequences, like denying bank accounts to organizations fighting for human rights. Checked out the interview – eye-opening stuff. Looking forward to more insights on this.
:D


Well, how about this interview with Alex Gladstein (Chief Strategy Officer at the Human Rights Foundation) about their involvement with bitcoin.
https://www.youtube.com/watch?v=TI3Xcei8d_I

Oh and I understand that he and others are traveling to Bedford this weekend.
https://www.cheatcode.co.uk/speakers

The swanky hotel in the interview was I understand paid for by a supporter of WBD, rather than the Human Rights Foundation. Mr Gladstein was just one of many interviewed at that hotel for podcasts.


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