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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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B 4mo ago

Wouldn’t proof of reserves for Bitcoin treasury companies be the only way for this to work? Then the paper Bitcoin will be exposed.

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