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Replying to Avatar L0la L33tz

Economists at the Bank of International Settlements just proposed that *any coin* that has *ever* passed through a no-KYC wallet should be banned from regulated services.

The economists argue that their approach would enable a culture of self-policing, or “duty of care,” in which even users of non-custodial wallets would not accept no-KYC coins, report illicit activity, and engage in voluntary KYC.

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Gunnar Stødle 4mo ago

If this don't boost the bitcoin circular economy into hyperdrive nothing will. Careful what you wish for BIS. We all know "well meaning fiat decrees" have unintended consequences..

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