Hi all,
I have money in a UK bank account and I would like to send it to somebody in Malaysia.
It seems simple enough to go GBP -> BTC then BTC -> MYR.
But the recipient is unwilling to open any crypto related accounts currently and, due to AML, I cant use, for example, Local Bitcoins combined with their local bank account (as it's in a different name and would fail verifiation).
Is there any other way currently? Or must I wait for the industry to mature further?
You cannot send your bitcoin if your friend refuses to accept it. You will need other methods that you and your friends agree on. Sending and receiving money will require the willingness of both parties and for sure, know how to deal with it. You need to negotiate with your friend tho!