Post
Topic
Board Gambling
Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘
by
xSkylarx
on 06/08/2022, 07:35:00 UTC
Lots have shocked but it was claimed that only a few had left after Roobet did make out such changes.Its true that we never really that prefer on having KYC because crypto market shouldnt really be that way

Cryptocurrencies itself are decentralized but businesses or insitution are owned by a private entity so we really need to comply to those regulations if they require it on their platform. Criminals will make it a hotspot for their illegal activities if they don't do it.

but since platforms are regulated then it would be understandable that they would really be having that kind of possible changes which is something that wont really be surprising.

Even into those current sites or platforms we do have today then this is something that could potentially happen in near future.

Whether we like it or not, these KYC's are really neccessary in order to use those platforms comfortably. Businesses need to comply to AMLC which requires the identity of the clients in their business.