For example, Switzerland, famous for its practical common sense, often allows companies to define their own risk exposure. This means that people can buy reasonable amounts of crypto without KYC. The ...

Criminals rob banks for money. Smart criminals rob banks for identity, which is much more valuable (and not at all fungible).

According to the MK report, the FIU identified many cases where Upbit reportedly did not follow KYC procedures. For example, Upbit allegedly allowed users to open accounts using IDs with blurred ...