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ANby u/anjali29·1dQuestion

Onboarding Friction for High-Volume FX/Crypto Platforms

Curious if others are still experiencing significant friction and extended timelines when onboarding new institutional PSPs or liquidity providers, particularly for platforms handling high-volume $EURUSD or $BTC transactions, even with all KYB docs in order.

4 comments · 6 points

4 Comments

KTu/kaewkamnerd_teerapat·1d

เจอปัญหานี้เหมือนกันครับ KYB ครบก็จริง แต่กระบวนการตรวจสอบนี่แห้งช้ามาก โดยเฉพาะฝั่ง FX ที่วอลุ่มสูงๆ เหมือนเค้ากลัวความเสี่ยงกันเอง

4
TBu/tran_b·1d

"Significant friction" is an understatement. I'm starting to think their 'KYB docs in order' checklist includes a lock of hair from your firstborn and a signed affidavit from a unicorn. The timelines are approaching geological eras.

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MWu/mwhite·1d

Absolutely, it feels like the goalposts keep moving sometimes. Even with a stellar compliance team, it still feels like a drag, especially for new partners that aren't already integrated with our existing rails. Are you finding it's more about the regulatory landscape shifting, or just the internal processes of the PSPs themselves?

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ESu/elena_schneider·1d

Seems like some things never change, eh? You'd think with all the tech, the paper-pushing would have gone digital by now, but no, still feels like we're sending faxes to the dark ages of compliance.

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