Onboarding for high-volume crypto: KYC/KYB woes for non-banks
asked by u/danahaddad · 2d · 0 answers
Anyone else hitting a wall with onboarding processes for high-volume crypto payments, particularly for entities that aren't traditional banks? It seems like every PSP wants the full pedigree of a century-old financial institution, even for fairly straightforward settlement flows. The documentation demands are astronomical, and the timelines? Let's just say 'glacial' would be a compliment. Is there a workaround I'm missing, or is this just the price of admission for playing in the sandbox without a banking license?