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by supersync 1486 days ago
KYC is the reason we have an archaic banking system while the rest of the world leap frogs us.

Tough to solve when petrodollars are still the reserve currency globally.
2 comments
oarabbus_ 1485 days ago
Do tell us which countries have no KYC regulations and are leapfrogging the rest?
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yunohn 1485 days ago
Every country I’ve lived in across continents has KYC & AML. Not that it solves corruption, but it’s the bare minimum for functioning societies.
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