NeoColonial on Nostr: If bitcoin were evwr made legal tender in the US, this is likely how they'd do it. Be ...

If bitcoin were evwr made legal tender in the US, this is likely how they'd do it. Be careful what you wish for and don't buy KYC.

quoting
nevent1q…u240

This will force KYC and chain anal on everyone touching bitcoin.


https://www.tekedia.com/paypal-to-offer-crypto-services-in-uk-taiwan-to-make-bitcoin-legal-tender/
"The bill also stipulates that all individuals and businesses that deal with Bitcoin must register with the Financial Supervisory Commission (FSC), the main financial regulator in Taiwan, and comply with anti-money laundering and counter-terrorism financing rules."