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RE: KYC and AML are Good - Yum

in #bitcoin6 years ago

Thank you for sharing your thoughts and dropping by @cyber-smiley

KYC and AML are required in order for regulation to take place. More regulation the better it is for ordinary people who would not get into the crypto space without regulation.

Agree. In current situation we need regulations if we want to build back TRUST between regular people and investors.

There is much of the identity theft happening and if you give your info somewhere and if it gets leaked you run the risk of your identity being misused.

Such a very good point. Just like you said: we share our data left and right. A bit to careless.

Cheers, Piotr