Post
Topic
Board Legal
Re: KYC requirement from ICOs will open up a whole news area of scam
by
ahmad21
on 12/03/2018, 10:51:50 UTC
I think the very first argument is something you just can't accept. I understand cryptos have that basic idea of anonymity and all but still whatever you say it doesn't really has the capability to turn the whole empires. You can expect cryptos to be used in normal day to day procedures but obviously government wants your data to keep every kind of control on you. The second point is just the biggest argument against this KYC scheme. There is probably no security measure that ICO owners take to keep a check on the security of KYC data so its a big concern.