Quote from: logfiles on November 07, 2024, 11:46:37 AM

Quote from: Darker45 on November 07, 2024, 03:11:40 AM

Having a new privacy-centered exchange is always a welcome development in a market dominated by players strictly compliant with tight KYC policies. But I'm curious, your "jurisdiction does not require us to collect KYC or AML for exchanges"? Where are you registered, by the way? Is there still a place on earth that doesn't require it? What happens if one day your jurisdiction orders you to implement KYC?

Find out why so many crypto exchanges have "Headquarters" in places like The Cayman Islands, Hong Kong, The Bahamas, Seychelles Island etc

Binance itself is based in The Cayman Islands but it is strict on KYC. KuCoin as well as the former Huobi, which was rebranded into HTX by the clown Justin Sun, are based in Seychelles but they're also implementing KYC/AML policies. OKX is registered in The Bahamas and incorporated in Seychelles but it is also requiring users to go through KYC. That's to name a few.

The truth of the matter is that all of those mentioned jurisdictions require cryptocurrency exchanges to implement KYC/AML policies. Perhaps the only difference, like Curacao in the issuance of gambling license, is that they aren't strict in its implementation.