Coinbase CEO Brian Armstrong stated on the X platform that anti-money laundering (AML) regulations are a failed policy that costs approximately $213 billion annually and harms the interests of legitimate consumers (as seen in multiple bank de-risking events), and according to United Nations data, only prevents about 0.2% of illegal activities. This sounds like a job that should be handled by the Government Efficiency Department (DOGE).

#DYOR42711