Thread - Nostr Hypermedia

Lyudmyla Kozlovska lyuda_ODF@BitcoinNostr.com 1 year ago

We can’t rely on a thought that debanking abuses are obvious. They are not. This was the exactly a problem, when we as Open Dialogue Foundation on behalf of BTC Coalition promoted amendments to #AML regulation in the #EU and revisions of #FATF travel rule recommendations in the #US. Our amendments were rejected during trilog process simply because no voices from the business industry, including #bitcoin were with us.

Open Dialogue Foundation

Building True Change (BTC) Coalition Submission on the EU Proposal for a Regulation on the prevention of money laundering or terrorist financing - Open Dialogue Foundation

Statement-commentary During the April II plenary session, Parliament is due to vote on provisional agreements resulting from interinstitutional neg...

We need to join voices victims of the weaponized banking data transnationally and debanking victims from businesses representatives to eliminate such abuses ! This is one of the reasons why we want to establish FreedoTech Embassy to eliminate such practices and protect developers, end-users and investors of freedomtech! Let’s do it together! 🧡

Replies (4)

Big Barry Bitcoin BigBarryBitcoin@Nostr-Check.com 1 year ago

Wait wait. You're telling me that you can present facual evidence around the abuse of ppwer, corruption and at the very least, incorrect rulings and their consequences but this is not enough to raise eyebrows? It must be turned into a popularity contest?

1 replies ↓

Lyudmyla Kozlovska lyuda_ODF@BitcoinNostr.com 1 year ago

No need to wait. Policymakers called it as “market failure”, “false positives”, just “some few examples of AML/CFT abuses”. But “majority of western citizens or businesses doesn’t suffer/doesn’t experience such problems”. So of there is no public discussion- no problem. No voices heard in the parliaments about abuses of AMl/CFT laws, - no need to establish remedies during legislative process.

Jedi jedi@peermountain.com 1 year ago

Yes, we must speak louder and bring more people to understand the debanking issue and how devastating it is for many people.

John sati user57088002@fountain.fm 1 year ago

I have been debanked recently by my Belgian bank, despite having provided all information they asked. their letter literally stated: we have decided to close your bank account and do not have to provide the reason for this decision” Banks have gotten too much power and they really do enjoy the power they now have on the plebs.