whoaaa
The #TravelRule is being implemented on UK #crypto exchanges. It forces exchanges users to provide the identity for inbound and outbound crypto transfers. Soon, on-ramp and off-ramp crypto to #fiat will be 100% #KYC. Implications will be that your non-KYC #Bitcoin may be deanonymized by the receiver if the receiving address is linked to an exchange. #BTC #Privacy #Monero #XMR https://www.forbes.com/sites/martinrivers/2023/08/31/not-your-bitcoin-uk-crypto-firms-will-now-be-forced-to-seize-some-inbound-payments/
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