one of the reasons why it ended up on a terrorist threat in one of the unclassified memos found by Bitcoin Magazine. So Bitcoin is getting banned and hostile all over the world.
1. Terrorist Threat
2. Confidentiality of Cash
3. Fraud and Theft
4. Financing Terrorism
5. Money Laundering and Trafficking
In fact, there are more companies are considering bitcoin as another option for the future development progress. I meant to make a possibility about the bitcoin from the positive viewed.
that's why the majority of exchange sites right now are implementing KYC and AML verification to make sure it will decrease the possibility of bitcoin to be used in the criminal act.
Don't think that is the main reason are implemented, KYC and AML is cancerous to anybody is subject to it. The reason it is such is because it gathers information on innocent people mainly, and hardly stops any criminal activity. Too many cons for the pros it gives.
Haven't heard about this.
Perhaps you could give some references or link??
https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto/. Not every Bitcoin is equal (fungible) it seems in some people's eyes.