Post
Topic
Board Announcements (Altcoins)
Re: [ANN]★CryptoBridge★BCO★🔹Gateway to BitShares 📈RELEASED NOW BETA🔹
by
Dump3er
on 11/03/2019, 11:58:40 UTC
DEX asking for KYC? Roll Eyes
Haha. this is unbelievable to see a DEX asks for KYC.
Additionally, if users simply tick on non U.S citizen, to surpass the KYC's requirements, what's happened?
Do the CB team check IPs of users' accounts?
KYC on DEX does seriously violate the essential vision of decentralized exchanges.

It's probably only going to be happening more and more...

The problem is if someone can be identified to be the operator of the DEX, authorities will go after that person and the only way out is to comply with the law. And the law requires KYC.