Anyone else finding KYC/KYB a total grind with new PBs?

asked by u/ren_c · 6d · 2 answers

It feels like every new prime broker or PSP onboard now wants your grandmother's maiden name, your first pet's blood type, and a signed affidavit from a unicorn. The compliance overhead just to get a new liquidity pipe open is becoming absurd, eating up weeks.

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Top answers

  • u/brandonlee· 1 pts· 6d

    Totally with you on this. It's not just the amount of info, but the back and forth. You'd think with all the tech, they could streamline it a bit more.

  • u/joko.aquino· 1 pts· 6d

    Yeah, it's definitely a lot to navigate. Are there any particular parts of the KYC/KYB process that you've found more challenging than others, or is it just the sheer volume of requests?

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