That procedure is essential for good privacy, but bitcoins going into Monero must be from a non-KYC source. If they are from a KYC source like Coinbase or Binance, the government will still consider them as yours.
That procedure is essential for good privacy, but bitcoins going into Monero must be from a non-KYC source. If they are from a KYC source like Coinbase or Binance, the government will still consider them as yours.
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