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by Feeble
1609 days ago
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My company operates in a highly international business area. The whole industry is moving towards using crypto for B2B payments. Every provider and partner offers payment by crypto - because international bank payments are slow, expensive and complicated (gets stuck, countries blocked, unclear KYC etc, opaque AML blockers etc). |
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so your company either has to set up its own KYC/AML compliance department (noting that this is often a regulated profession) or it is probably breaking the law.
International bank payments are slow, but they are also reversible and compliance is not your problem.