{"id":3582,"date":"2024-12-02T14:19:32","date_gmt":"2024-12-02T14:19:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3582"},"modified":"2024-12-02T14:19:32","modified_gmt":"2024-12-02T14:19:32","slug":"coinbase-ceo-brian-armstrong-failed-anti-money-laundering-regulations-sounds-like-a-job-for-doge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3582","title":{"rendered":"Coinbase CEO Brian Armstrong: Failed Anti-Money Laundering Regulations &#8216;Sounds Like A Job For DOGE&#8217;"},"content":{"rendered":"<div>\n<p><strong>Coinbase Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) CEO <strong>Brian Armstrong<\/strong> has called on the newly established Department of Government Efficiency (D.O.G.E.) to tackle what he describes as a glaring failure of global <a href=\"https:\/\/www.benzinga.com\/government\/regulations\/24\/12\/42261013\/as-bitcoin-surges-coinbase-exec-expects-swift-legislation-thanks-to-trump-and-the-most-pro-crypto-congress-ever\">Anti-Money Laundering (AML) regulations<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>\u201cAnti-Money Laundering (AML) regulations have been a policy failure,\u201d Armstrong <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1862932878021005361\">wrote<\/a> on Saturday on <strong>X<\/strong>, noting that these regulations cost an estimated $213 billion annually while only stopping about 0.2% of illicit activity according to United Nations data.<\/p>\n<p>\u201cSounds like a job for @DOGE,\u201d he added, referring to the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41734897\/elon-musks-doge-department-mention-gives-dogecoin-boost-to-top-of-daily-gainers-memecoin-s\">agency created under the Trump administration<\/a> to streamline regulatory inefficiencies.<\/p>\n<p>The Coinbase &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42266678\/coinbase-ceo-brian-armstrong-failed-anti-money-laundering-regulations-sounds-like-a-job-fo\" alt=\"Coinbase\" ceo brian armstrong: failed anti-money laundering regulations like a job for doge>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong has called on the newly established Department of Government Efficiency (D.O.G.E.) to tackle what he describes as a glaring failure of global Anti-Money Laundering (AML) regulations. What Happened: \u201cAnti-Money Laundering (AML) regulations have been a policy failure,\u201d Armstrong wrote on Saturday on X, noting that these regulations cost an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3582","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3582"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3582\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}