Bitcoin Forum
November 13, 2019, 04:58:03 PM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23]  All
  Print  
Author Topic: AML/KYC Explained  (Read 228051 times)
lobeyou
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
October 02, 2019, 01:31:52 PM
 #441


LocalBitcoin (p2p based, limited KYC?)

LocalBitcoin (p2p based, limited or no AML?)


If you're referring to LocalBitcoins.com then you can update OP as the new verification system is much stricter now.

Quote
Limit: 1000 EUR/yr >> Real Name + Country of Residence + Email Address + Phone Number

And that's the lowest tier available now, T0.

For anything above that you need ID Verification, Physical Address Verification & more.


Reference Links:

https://localbitcoins.com/blog/id-verification-update/
https://localbitcoins.com/blog/tier-verification-deadline-extended/

Note: I understand the post is old but it's pinned, so it must be important and still relevant.

1573664283
Hero Member
*
Offline Offline

Posts: 1573664283

View Profile Personal Message (Offline)

Ignore
1573664283
Reply with quote  #2

1573664283
Report to moderator
1573664283
Hero Member
*
Offline Offline

Posts: 1573664283

View Profile Personal Message (Offline)

Ignore
1573664283
Reply with quote  #2

1573664283
Report to moderator
1573664283
Hero Member
*
Offline Offline

Posts: 1573664283

View Profile Personal Message (Offline)

Ignore
1573664283
Reply with quote  #2

1573664283
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
AlaBy
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
October 28, 2019, 09:51:51 PM
 #442

Oh no one protects KYC. This kind of monopoly. How can I trust my identity to an unknown person?
hv_
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 552

Clean Code and Scale


View Profile WWW
October 29, 2019, 12:36:01 PM
 #443

Oh no one protects KYC. This kind of monopoly. How can I trust my identity to an unknown person?

Oh - if you go totally dark, nobody can and will protect you. Only big criminal fishes want such and will Profit most of.

If entire money paths would be tracable. many crime and corruption was not possible.

Bitcoin can do that, small clean fishes should vote for IMHO

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
p2pclub
Jr. Member
*
Offline Offline

Activity: 70
Merit: 1


View Profile
October 29, 2019, 07:38:06 PM
 #444

Nowadays, there are people think that there should be a better way to verify user not KYC. KYC some how made it complicated for user.
How do you guys think?
cryptomarka
Jr. Member
*
Offline Offline

Activity: 113
Merit: 1


View Profile
November 06, 2019, 08:06:57 AM
Merited by mimk97 (1)
 #445

Oh no one protects KYC. This kind of monopoly. How can I trust my identity to an unknown person?

Oh - if you go totally dark, nobody can and will protect you. Only big criminal fishes want such and will Profit most of.

If entire money paths would be tracable. many crime and corruption was not possible.

Bitcoin can do that, small clean fishes should vote for IMHO

But who will protect me if my data will be stollen and come to the hackers. There are a lot of cases when hackers steal the data.
hv_
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 552

Clean Code and Scale


View Profile WWW
November 06, 2019, 09:31:44 AM
 #446

Oh no one protects KYC. This kind of monopoly. How can I trust my identity to an unknown person?

Oh - if you go totally dark, nobody can and will protect you. Only big criminal fishes want such and will Profit most of.

If entire money paths would be tracable. many crime and corruption was not possible.

Bitcoin can do that, small clean fishes should vote for IMHO

But who will protect me if my data will be stollen and come to the hackers. There are a lot of cases when hackers steal the data.

Sure - in the old world where u don't reall own ur data  that is an issue

New world is ID / kyc via blockchain / token application like twohop / Pixel wallet tries to do together with Refinitiv KYC solution

Here u own ur data and only send out things / sign for check P2P and ur Provider does not need to store it (like showing ur passport visually)

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!