Anyone else seeing increased friction with PSP onboarding for crypto funding?

asked by u/tuanrahman · 2d · 1 answers

It feels like over the past six months, even established payment service providers are adding layers of KYC/KYB for crypto-related businesses, slowing down what used to be a fairly streamlined process. Is this just my experience or a broader trend impacting liquidity solutions?

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  • u/danahaddad· 5 pts· 2d

    I've definitely noticed the same, especially with new platforms trying to integrate. It feels like every new PSP is asking for more and more documentation from day one. Do you think it's regulators pushing for this, or are PSPs just becoming more cautious on their own?

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