Custodial doesn't equal kyc though. That is incorrect.
Discussion
Custodial services require KYC. I would not onboard a new user that requires KYC.
I didn't say equal.
Custodial services do not all require kyc though. That is an incorrect statement.
I think they will eventually, at least in heavily regulated jurisdictions. i.e. Wallet of Satoshi. I suspect rather than comply, they just left. I'm not sure how Alby gets away with it, maybe their dot isn't big enough on the radar screen yet?
Unlike nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq, nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm is hard at work building self-custodial technology to stay ahead of the game.
I won't be surprised when it happens, but it hasn't yet and saying that custodial lightning services are kyc is simply incorrect information.
Which one? Also, do i have to ask for permission? #cashu is permissionless.
Cashu is not permissionless unless you are the mint operator. It is a privacy layer but you are at the mercy of whoever runs the mint.
Most of the custodial lightning wallets don't require kyc. Which ones do you think require it?