Suffice to say that if you run a money laundering business, you'd vastly prefer to be subject to El Salvadoran disclosure and compliance standards. The "Genius" Act that regulated stablecoins in the US should have closed doors to ML with stablecoins but didn't - one of the many reasons I opposed.
This part is curious, as Emmer has very consistently opposed any effort to make it harder to use crypto (stablecoins or otherwise) to launder money. He's a shill for the industry - but the fact that they wanted - and got something - even he wouldn't provide is quite troubling.
In any event, the links between crypto, money laundering, the Trump, Lutnick and Witkoff family and the rampant law breaking that the money laundering was used to try and hide are all coming out. This will not be the last story and Bo Hines ain't the biggest fish in this pond.
@SeanCasten I hope some day investigators will be able to circle back and pick up all the dropped threads from the Mueller Report.
@SeanCasten When stuff like this happens, I have to wonder what the mix is between (a) honestly not understanding the situation and (b) having secret goals which result in seemingly counterintuitive stances.
Emmer is likely just waiting for his “donation” to arrive.