Post
Topic
Board Service Discussion
Merits 1 from 1 user
Re: Bittrex - source of funds
by
gentlemand
on 07/06/2020, 09:14:24 UTC
⭐ Merited by o_e_l_e_o (1)
Huh. Interesting. Regardless, I personally mostly understand why certain businesses require AML/KYC(because of regulatory reasons), this is just too much in my opinion.

This is the first time I have ever, ever heard of such a requirement from anyone, certainly no non crypto organisation. You can still run a trillion dollars through your bank account with a proof of address and a bit of ID and not even a hint of a selfie. 

If a normalton's bank called up and ordered them to take a series of mugshots before they could access their money again they'd wonder what the fuck was going on and run straight to the press.