I’ve been searching high and low for the answer to this but I’m really confused about how Coil handles AML and CT financing.
I found this article that references a number of companies (Elliptic) who look at transactions, decide if they’re suspicious and then report them to the authorities.
In Coils terms there is nothing on AML.
I appreciate that their bank Stronghold does identity checks but is this enough?
I’m really interested in this topic since I see AML and CTF being a show stopper for mass adoption so if anyone can shed any light I’m interested!