Quote from: George199 on May 05, 2019, 11:43:56 AM

Why are they willing to pay for it?

Quote from: eckmar on May 05, 2019, 11:32:10 AM

Quote from: George199 on May 05, 2019, 11:28:47 AM

Hello, I would like to ask:
1. For how many dollars could you give someone KYC verification?

2. Do you know what value our KYC has for companies (such as Coinbase), why do they pay for it? They sell them to someone?

Thanks

Lol...

KYC info of your users should not be sold... Companies such as Coinbase are required to have that information by law because of the AML regulations.

Where do you get the information that Coinbase want to pay users to get them to follow the KYC/AML regulations? They only motivate people to do this by reducing their "limits" if you are not verified. Huh

If they are doing this, then the only answer for that would be that it will cost them more in fines for not being 100% compliant with these regulations and that they want to prevent that from happening. They are not allowed to operate a business where fiat is used, if they do not comply with these regulations. Wink