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by Karunamon 3730 days ago
What KYC laws? If I'm running some random business selling widgets, I'm under no obligation to do any such thing.
1 comments

KYC laws apply to financial businesses, like those whose sole servers is the transfer of money, i.e. bitcoins. Exchanges for example must comply with KYC laws. Money laundering, aka mixing, is itself a purely financial service. There are no mixing services that are on steady legal ground; they are proving a service that expressly allows one to launder money as such they will always be a target for authorities.