- They say it is decentralised.. How, if all it's business would depends on an App in Google play Market and AppStore, that are controlled by US legislation? US Authorities can just ban Omise app in both appstores in case they would aware of ONE US citizen would have made a fiat transfer using a service that doesn't comply to KYC. This is what happened to BTC-E exchange recently. Is OmiseGo blockchain going to run on Omise infrastructure? Decentralised ?? Hmm...
Ehhh, BTC-E was run by the usual Russian criminal who was also laundering the huge Mt. Gox theft. KYC is hardly legal grounds to do arrests or shut down a business -- it's just regulatory compliance B.S.. There's much bigger fish to fry with the limited resources law enforcement has. Would you have preferred nothing was done about recovering the Mt. Gox theft? A lot of Bitcoin millionaires lost that status due to it.
I share your overall skepticism about OMG, though.