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A New Posting @ TheBitcoinAcademy.io

Something I have been saying for a long time is KYC is coming for your private wallet.

I had planned to do a video on this today. But well you know...

First and foremost my contacts tell me this will be implemented (USA POP) around the middle to end of 2022. Make a note of it. Look for it, it is happening! Let me also say we have a lot of clever team members here. As this unfolds send your clever Ideas to my assistant Victoria. PLEASE USE A PROTON EMAIL TO DO THAT!! I already have a few solutions up my sleeve. ;-}

This here is one of the reasons why KYC/AML and Whitelisting of Wallets will be a reality in the future. If you interact with DAO's the obligation of KYC and AML is on you individually or on the corporation. You will notice not much about trusts. Smiles---When that gets voted through maybe in the next annual meeting between IMF and World Bank, it will be a regulated framework in international law: (Maritime Law) Lots changing this decade in the world of law. Stay out in front if you can. By the way this is why I am ok not FOMO'ing in on every DEX project. Many of you like me have a lot of gains to now protect. That part is just as important as being in the right coin or taking profit when you have killed it. The BinjTeam is killing it. Now the BinjTeam will need to be all about keeping it!!!!!

J

Source:
https://www.fatf-gafi.org/publications/fatfrecommendations/documents/public-consultation-guidance-vasp.html

Short overview:
https://icryptodesk.com/2021/03/21/this-fatf-guidance-could-wreak-havoc-on-uniswap-operators/

Author: Crypto Jay