Post
Topic
Board Trading Discussion
Deribit moving to panama and adding KYC due to regulation
by
yeethealts
on 10/01/2020, 18:49:54 UTC
i like deribit because they've been a solid bitmex competitor. the move is good for the company because it protects them from the overbearing EU regulations, however i think that adding KYC will hurt their growth  Undecided

it's not that kyc is inheritently bad, but adds another barrier from users that add liquidity to their markets. curious as to what others think about the rise in aml/kyc trends...

press release https://blog.deribit.com/technology/deribit-moving-to-panama-kyc-february-2020/