I’m uninformed about this, but do KYC laws come into effect at some profit point or are they globally enforced. I don’t see how any small businesses could possibly afford a 3rd party audit, or how that would even scale. I agree it’s necessary, but logistically it seems problematic.
I’m uninformed about this, but do KYC laws come into effect at some profit point or are they globally enforced. I don’t see how any small businesses could possibly afford a 3rd party audit, or how that would even scale. I agree it’s necessary, but logistically it seems problematic.