n way we not afraid for the required KYCs i think its good for our security
I do not understand how it can be good for security that you transfer your personal data and copies of your documents directly into the hands of scammers? According to statistics from 902 ICO projects, a third turned out to be scammers. Even if a company that conducts an ICO and is registered in a country where it is required to conduct a KYC audit, this does not mean that such a company will not later be fraudulent.
i actually get your point but KYC is for the company so that they know that you are real and not some scammer that would just buy and probably do something afterwards.
Post
Topic
BoardLegal
Re: will all the countries make cryptocurrency legal?
by
lissaoc
on 29/09/2018, 01:25:11 UTC
I think that all countries should make crypto currencies legal since it already becoming big in the industry and people are really invested in investing in one or two of these cryptocurrencies.