Post
Topic
Board Legal
Re: All crypto exchange/business should strive to move offshore to Cayman/Seychelles
by
figmentofmyass
on 04/07/2019, 00:17:35 UTC
The thing is, even if we push for non-regulated, KYC-avoiding exchanges, it would only be a matter of time before regulatory pressure hits them no matter how 'free' they are from such constraints.

we've already been in that situation for years. we can either keep giving the finger to governments/multinational organizations like FATF and support exchanges that do the same.....or we can bend over and let them fuck us---KYC, burdensome transaction reporting and proving source of funds, giving the government a huge databank to analyze our wallets and financial activities.

i don't see any other options.