Kill MICA regulations & withdraw from FATF's Travel Rule

MICA is completely killing the crypto scene in Europe, with companies even stop operating for EU customers, and other companies fleeing to some greener pastures.

At the same time FATF's Travel Rule is making cryptocurrency payments completely unfeasable, with archaic 1970’s rules (originally designed for bank transfers) and forcing them down on crypto transfers, where they make absolutely no sense. They are not stopping any money laundering (https://x.com/brian_armstrong/status/1862932878021005361) while costing the industry a lot in bureaucracy and compliance.