Quote from: Satyre_Noir on February 04, 2014, 03:05:28 AM

Quote from: seriouscoin on February 04, 2014, 02:43:52 AM

Quote from: Satyre_Noir on February 04, 2014, 01:55:58 AM

Quote from: seriouscoin on February 04, 2014, 01:39:40 AM

I dont know if you're brainwashed by goverment but why no KYC means money laundering? Why no direct banking means money laundering?

So far your points are just as the idiots' calling bitcoin ponzi/illicit currency

Under Bulgarian law if one engages in financial mediation is obliged to "Know Your Customer" or validate customer personal information. If he doesn't he breaks the law.

Which part you don not understand?

Have you ever been in Bank?

Whoosh you hear that? it just went right over your head....

So your logic says.... if you dont comply with the law, you're money laundering?

Awsome logic you have there. You just answered my first sentence.

For all people here who want to know more about AML/KYC regulation, here you can find ultimate guide for almost each country in the world cause knowledge is the power:

http://www.pwc.com/en_GX/gx/financial-services/publications/assets/pwc-anti-money-laundering-know-your-customer-quick-reference-guide.pdf

It's updated for 2014.

Yay!!! knowledge is power only if you can understand it.

You call any business not compliant with such rules because they're laundering money. Care to prove that? apparently you dont know there are other reasons?