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It's not "burdensome," it's impossible, because they are not businesses handling money for customers, they're regular people running an internet protocol. They
by DennisP 4y ago
It's not "burdensome," it's impossible, because they are not businesses handling money for customers, they're regular people running an internet protocol. They don't, for example, ever take custody of anyone else's money.
Requiring KYC of businesses who do take custody of other people's money is something we do already, even in crypto.