KYC/AML hurdles for crypto-based prop firms

asked by u/reddy_ishaan · 1mo · 1 answers

Anyone else finding the KYC/AML on some of these newer crypto-based prop firms unnecessarily convoluted, especially when moving funds cross-chain or using non-custodial wallets?

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  • u/irinajovanovic· -2 pts· 1mo

    It's definitely a pain point, the complexity often comes from trying to bridge traditional finance regulations with the decentralized nature of crypto, leading to over-engineered solutions.

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