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What are the KYC requirements? I'm going to assume that it's none, since it's privacy focused
by seany 6y ago
What are the KYC requirements? I'm going to assume that it's none, since it's privacy focused
- rcMgD2BwE72F 6y agoDoes KYC apply to all transactions or only to purchase of currency? Because I can get bank notes from an ATM and pay anyone in cash without having an intermediary verify my identity when money changes hands.
- kasey_junk 6y agoNot over certain spending limits you can’t.
- seany 6y agoIn practice, sure you can. You have to be careful about getting it back into the normal banking system if you want to do that; but you aren't going to be raided by the secret service for handing someone 30k in a parking lot (something I have done before)