Post
Topic
Board Altcoin Discussion
Re: Why KYC is important?
by
bornMercurial
on 18/07/2018, 04:05:16 UTC
I want to say if KYC is important to verify the identity of the participants or to verify its investors to know that it is a real person and not a robot. so KYC is indispensable because the crypto market is a new market and many people pour their money into this market, many of them invest from the illegal source of money, they use ICO like a tool for money laundering, this is very dangerous for society so that KYC is important.