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>Of course, it's like signing for bank account. with the difference that the bank is relatively trusted entity backed by shitton of formality meanwhile crypto
by tester34 6y ago
>Of course, it's like signing for bank account.
with the difference that the bank is relatively trusted entity backed by shitton of formality
meanwhile crypto exchanges seems to be more shady orgs with 30 yo CEOs
- input_sh 6y agoThey still have to do that due to anti-money-laundering rules: https://en.wikipedia.org/wiki/Know_your_customer https://en.wikipedia.org/wiki/Know_your_customer This originates from what was at the time the least controversial part of the Patriot Act. If you want to be able to exchange cryptocurrencies to a Visa/Mastercard, the service needs your ID, regardless of where you're from.