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RE: Bittrex asking for "Source of Funds" verification?

in LeoFinance5 years ago (edited)

A sign of things to come for sure. Youtube banning people left right and centre, exchanges requiring insane levels of financial information etc. There is a big opportunity for DEX and decentralised Social media though as the crackdown gets worse and worse. Enjoy the good times now because they defo wont last.

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Yea I mean the natural order of things seems like it will probably go like this...

  • Government forces exchanges to KYC customers to ridiculous levels
  • Customers move to DEXs
  • Customers lose access to fiat gateways
  • People start using crypto as a form of payment since fiat gateways are too heavily regulated and they can't get their money out