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Coinbase Claims the Bank Secrecy Act Is Broken and Wants to Fix It With Crypto

2025-08-05 10:48:10

Main Idea

The content appears to be promotional material for cryptocurrency gambling platforms, highlighting various bonuses and features.

Key Points

1. Multiple gambling platforms offer high-value bonuses, such as 360% up to $100,000 and 400 free spins.

2. Some promotions include no KYC (Know Your Customer) requirements and VPN-friendly access.

3. Bonuses are available in various cryptocurrencies, including BTC, USDT, and ETH.

4. Platforms advertise instant withdrawals, no maximum withdrawal limits, and weekly cashback offers.

5. Promotions are tied to specific bonus codes (e.g., FIRST, BITBETS).

Description

Coinbase has proclaimed that the Bank Secrecy Act, designed to safeguard the U.S. financial system from malicious actors, is flawed due to its implications for private data. Coinbase CLO Paul Grewal believes that ZKPs might be the answer to the act’s excessive data vulnerabilities. Coinbase Wants to Fix the US Bank Secrecy Act With Cryptocurrency

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