> Is it black market when I pay the neighbor kid to mow my lawn and don't report their address? Nonsense.
No, but it is illegal for financial institutions (and many industries) to provide services without knowing who they are serving. Not sure how anyone is surprised that KYC requirements are coming for crypto..
No, but it is illegal for financial institutions (and many industries) to provide services without knowing who they are serving. Not sure how anyone is surprised that KYC requirements are coming for crypto..