Nostr

Almost all CEX exchanges are already applying or preparing for the travel rule.

For those who do not know, for amounts over $1,000, the beneficiary's information must be indicated.

Bad times for KYC.

A correction, the information that is transmitted is that of the issuer and it seems that it is an automated system, I am not very clear what happens when you do not send to a VASP, I understand that this information is also sent to the third party who manages the information of the travel rule.

The circle around the centralized exchanges is getting tighter and tighter so that the plebs can't make transactions, it's all money laundering.

With 1000 dollars you can buy a decent laptop...money laundering...it's a hell of a thing.

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