You are viewing a single comment's thread from:
RE: OnePageX – One Page Cryptocurrency Exchange
Easy read @oivas, good luck with the contest
I've seen few other posts about this project lately and Im just wondering if exchange that doesn't requite KYC will not be targeted by regulators? Isn't risky business to aboid KYC and AML standards?
What do you think?
Yours
Piotr
Hello @crypto.piotr,
No denying the fact that KYC and AML standards are one of the things that exchange sooner or later have to adopt. What OnePageX is starting with is making it easier for potential investors (and not exactly investors) to get started with least fuss. This, for the moment, alleviates the fear of losing personal information with small exchanges closing down.
Let's admit regulatory framework for cryptocurrencies and crypto-exchange is the least evolved. So, it is a question of whether the exchange is asking too much too soon from people or just get started and evolve as regulatory frameworks are implemented.
Makes sense?
Absolutely make sense @oivas
Thank you for being so responsive