PANews December 1 news, Coinbase CEO Brian Armstrong said on the X platform that anti-money laundering (AML) regulations are a failed policy that costs about $213 billion a year, harms the interests of legitimate consumers (as seen in multiple de-banking events), and according to UN data, it can only prevent about 0.2% of illegal activities. This sounds like a job that the Department of Government Efficiency (DOGE) should handle.