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Crypto exchanges have very strict KYC and AML rules. There's no chance in hell people are going through KYC/AML processes to use twitter.
by tpxl 4y ago
Crypto exchanges have very strict KYC and AML rules. There's no chance in hell people are going through KYC/AML processes to use twitter.
- quickthrower2 4y agoThey already ask for mobile phone number, which in turn is a KYC’d service by a telco.
- tpxl 4y agoNot enough to cover KYC legislation.
- m00dy 4y agoNot every mobile phone numbers are KYC'd.
- quickthrower2 4y agoThe point is enough people (not all) put up with providing ID for their phone purchase or their phone number for twitter that a more thorough check for Twitter might be tolerated. Especially if there is a little paypal in there too.
- denton-scratch 4y agoThe "know your customer" rules that finance services have to perform are far more stringent than those performed by telcos. Hell, I can walk 5 minutes to the corner shop and buy a PAYG SIM for cash, without giving any personal details.