Word on the street is the current U.S. administration might overhaul those anti-money-laundering frameworks that traditional banks have been griping about for years. The complaint? Sky-high compliance costs paired with questionable effectiveness. If this reform actually materializes, it could ripple into how crypto platforms handle AML requirements too—less bureaucratic burden might mean more resources for actual risk detection instead of checkbox exercises. Worth watching how this plays out for the broader financial ecosystem.
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liquidation_watcher
· 12-13 05:25
Wait, is this real? Or just another round of hype...
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RuntimeError
· 12-12 10:58
Coming again? I hear that the reform of the anti-money laundering framework is underway, but it might be several years before any movement.
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WhaleWatcher
· 12-11 22:52
Oh my god, if that really happens, the bunch of compliance parasites in traditional banks will be so uncomfortable😏
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GasFeeTherapist
· 12-10 15:53
Sounds like another change is coming; are the banks finally able to breathe a sigh of relief? But from what I see, even if this reform is implemented, we’ll have to wait another two years.
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DegenDreamer
· 12-10 15:49
It sounds like the US government is finally going to take action, but is this really reliable? Anyway, the banks will definitely be ecstatic.
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DefiOldTrickster
· 12-10 15:47
Ha, again thinking about reducing the burden on banks? Constantly shouting about high compliance costs, but isn't it the same old story of being exploited afterwards.
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If this reform really happens, crypto platforms might actually save money that could be used for arbitrage. I’m optimistic.
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Laughing to death, I've been hearing this excuse since 2017, and they’re still saying "maybe," I bet five short contracts that this won’t change.
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Less bureaucratic fuss, more genuine risk control? Just listen, don’t really believe it.
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If they really cut costs, I would convert all stablecoins into U.S. Treasuries. Usually, such things don’t end well.
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I believe compliance costs are sky-high, but actual risk detection implementation? Dream on, or what?
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Waiting for this to really happen, on-chain liquidity will need to be recalculated, and the yields will definitely change.
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CrossChainMessenger
· 12-10 15:40
Another such "rumor." Let's talk about it once it actually happens.
Word on the street is the current U.S. administration might overhaul those anti-money-laundering frameworks that traditional banks have been griping about for years. The complaint? Sky-high compliance costs paired with questionable effectiveness. If this reform actually materializes, it could ripple into how crypto platforms handle AML requirements too—less bureaucratic burden might mean more resources for actual risk detection instead of checkbox exercises. Worth watching how this plays out for the broader financial ecosystem.