Post
Topic
Board Altcoin Discussion
Re: KYC is simply just to cheat bounty hunters.
by
criptoman83
on 09/11/2018, 12:11:23 UTC
Situations are different and I also don't like that i need to disclose my data and pass verification. When I came to the field of cryptocurrencies , I was sure that their main advantage is anonymity. But now the SEC has started checking ICO projects and all those projects that promised or promise dividends to their investors are simply obliged to pass the KYC, because they fall under the definition of securities and this information is simply necessary under these rules. But some projects are just scammers and collect data for their own benefit, because in other cases KYC isn't justified.