Post
Topic
Board Service Discussion
Re: Localbitcoins now requires identification
by
squatz1
on 06/05/2018, 18:22:23 UTC
Was bound to happen at some point, it was only a matter of time until the regulators came in and wanted their fair share of what was going on. They're going to want companies to keep the names of people so they're able to at some point tax people on what they're buying.

Sadly, the only thing people want to do is change companies -- which once the next company becomes big enough then they're going to force them into kyc. Who even knows if P2P could work with something like this.