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That's incorrect. Tokens can prevent their transfer to parties that don't have the proper KYC. The smart contract decides that.

• hyprCoin 8y ago
  That's a cool point. I wonder what can be done to bypass such a restriction? Maybe if you had a contract like WETH that wrapped accredited-only tokens in a proxy token.
  • atomical 8y ago
    Pay someone from another country to do KYC for your address.