Why Some Crypto Companies Consider KYC and AML Compliance Unnecessary

When it comes to cryptocurrency regulation, there is a lack of consensus on how to protect investors. Criminal activity such as fraud, hacks and theft is Criminal activity such as fraud, hackings and theft continue to be an issue not only in crypto but in the traditional financial world too. When it comes to cryptocurrency regulation there is a lack of consensus on how to protect investors. Some argue KYC and AML compliance is unnecessary and infringes on a user’s right to privacy.

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