Odaily Planet Daily News Coinbase CEO Brian Armstrong posted on X that anti-money laundering (AML) regulations are a failed policy, with relevant agencies spending about $213 billion each year, harming the interests of legitimate consumers (as we have seen in multiple de-banking incidents), and according to United Nations data, this only stops about 0.2% of illegal activities. This sounds like a job for the Department of Government Efficiency (DOGE).