Post
Topic
Board Legal
Re: Is it possible to reveal our identity in the local exchange?
by
ani4
on 16/08/2018, 00:20:35 UTC
kyc/aml is only about control, and infiltrating the crypto space with the corrupt, fraud that is the Legal system.

But yes, centralized exchanges (and DEX with elements of CEX or Legal entities) will no doubt bend over to take the KYC/AML compliance demands.

Anyone who is interested in their own privacy or freedom will steer as clear as possible from these... proper DEX/atomic swaps and private smart contracts will be the go-to ways of exchanging... though yes there will be compromises in convenience or trade speed initially.