Post
Topic
Board Legal
Re: KYC is it mandatory for security tokens ?
by
gustavung
on 11/06/2019, 06:39:48 UTC
All the concerned parties in an ICO that has the KYC process have a better chance of receiving recognition from banks and other financial institutions. The ICOs are also more likely to follow the anti-money laundering regulations.
[/quote]If the startup project conducts a IEO sale phase, they will not ask you for personal information. Especially if the exchange is decentralized. You should also pay attention to where the project plans to add its tokens before deciding whether to invest there.