Antigua PM Browne Chastises Rich Countries For “Undermining Development” of Small States by De-Risking

Speaking at the World Bank-organized Small States Forum in Washington DC this week, Antiguan Prime Minister Gaston Browne was scathing in his criticism of the developed countries’ recent “de-risking” – withdrawal of correspondent banking relationships on grounds of perceived high KYC/AML risk – which he said “is not only an existential threat but one of

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Cryptocurrency Payments Are the Solution to the Caribbean’s Correspondent Banking Problem

Opinion of the editor: The week before last, in Bangkok, I had several days of meetings with the government of Vanuatu, the Vanuatu Information Centre and blockchain-based due diligence firm KYC-Chain. To make a long story short, I was able to clarify to some members of parliament of the tiny Pacific nation why deciding to

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