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RE: KYC and AML are Good - Yum

in #bitcoin6 years ago

A lot of comments made by a number of digital financial transaction experts, are sure to request the source of funds and the source of wealth is the standard throughout the industry. This is very similar to a number of platforms, but cryptocurrency users are complying with these regulatory policies KYC and AML. Especially when there is an implicit form of burden of proof used against them, especially when asked to prove that their money was clean.

When it comes to the money transfer service, especially when it comes to those companies that allow exchange between banknotes and coded currencies, they often feel obliged to comply with AML legislation, which also includes "Know Your Customer" policies and reporting transactions that Are considered suspicious.

Personally I do not think all this information will be safe ... even user accounts are unsafe.

Thanks for sharing @crypto.piotr

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Thanks for dropping by and for sharing your thoughts @nabil.nassiri

ps. big thx for resteeming my latest publication. Appreciate it a lot.

Cheers, Piotr

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