Global regulators built the FATF Travel Rule for a banking system still full of illicit finance.
Now they are imposing the same surveillance architecture on Bitcoin.
The rule was created by G7 count...
The Travel Rule forces firms to collect, hold and transmit personal data about the people behind transactions.
This creates databases that link identity, transaction history and asset ownership, turning ordinary users into targets for hacks and physical attacks.
I wrote about the EU rollout in Forbes last year and how these rules threaten user security by forcing more personal financial data to be collected, stored and shared.
https://www.forbes.com/sites/digital-assets/2025/01/07/new-eu-rules-threaten-your-security--what-you-need-to-know/
This creates databases that link identity, transaction history and asset ownership, turning ordinary users into targets for hacks and physical attacks.
I wrote about the EU rollout in Forbes last year and how these rules threaten user security by forcing more personal financial data to be collected, stored and shared.
https://www.forbes.com/sites/digital-assets/2025/01/07/new-eu-rules-threaten-your-security--what-you-need-to-know/
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