Post
Topic
Board Legal
Re: Dutch first to propose money laundering laws over crypto and cash limits
by
Arkham Knight
on 21/07/2019, 06:52:47 UTC
Them being the home of the International Court of Justice shows that they want to be a good example when it comes to abiding the orders from a international body, but there's nothing final yet and I believe that it's just the Dutch minister's proposal to implement such regulations. If the proposal will push through with their country I will be nothing more compared to what other countries have now and that is KYCs as well as establishments such as banks being required to share information from their suspicious clients. The way I see it is there is really nothing to worry about.


Agree. In my country, you can't use btc exchangers unless you are KYC-verified. There is nothing to be afraid of you are doing nothing illegal. This is only to push the money launderers away and clean the crypto space and tell the whole world that we are regulated and prove that we want order and not cater to bunch of criminals using crypto for their own advantage.