It should be “Know Your Bank” especially here in the baltic region:
“The truth is that KYC is a direct attack on our privacy and puts us in disadvantage against the governments. True criminals don't care about KYC policies. True criminals know perfectly how to avoid such policies. In fact, they normally use the FIAT system and don't even need to use cryptocurrencies. Banks are the biggest money launders, the HSBC scandal, Nordea or Swedbank are just some examples.”
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