1
KYC/AML hurdles for crypto-based prop firms
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?
1 comments · 1 points
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?
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.