Maybe some big exchanges like Coinbase follow the US laws closely but mostly crypto is like the old days where most people in the world can do what they want. Its in no way like these big global banks.
Maybe some big exchanges like Coinbase follow the US laws closely but mostly crypto is like the old days where most people in the world can do what they want. Its in no way like these big global banks.
Also, I agree with the OP, I feel HSBC is a criminal organization because there is so many ethically questionable actions taken by this org[1] and even after getting caught and being fined for aiding criminals they still repeated it. [2]
[1]https://en.wikipedia.org/wiki/HSBC#Controversies
[2]https://www.icij.org/investigations/fincen-files/hsbc-moved-...
A few that just involve the improper handling or oversight in conducting money laundering operations that came out this past year, which, because of the pandemic and politics, have seen fewer IG reports than usual:
https://oig.justice.gov/reports/audit-drug-enforcement-admin...
https://www.oig.dhs.gov/sites/default/files/assets/2020-09/O...