Hanshan on Nostr: this is basically the new standard for #bitcoin app devs KYC everyone or GTFO almost ...
this is basically the new standard for #bitcoin app devs
KYC everyone or GTFO
almost like protocol level privacy is a better tactic for disruptive financial tech 🤯
you can't knowing transmit illegal funds if you cant see what's being transmitted
#monero
Lot's of nuance necessary here, and entirely unclear as neither Samourai Wallet nor Storm were convicted of licensing violations.
What *is* clear is that non-custodial developers should not, under any circumstances, knowingly transmit criminal funds.
Because the licensing requirement is unclear, it is also unclear *how* developers should do this. I'm not a lawyer and this is not legal advice, but I would either KYC+Chainalysis all the things, or immediately turn off your services for US users so that the DOJ cannot fabricate venue against you.
nevent1q…720z
Published at
2025-08-08 13:18:07 GMTEvent JSON
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