54
CHby u/chrislee·1moQuestion

Anyone dealing with increasing KYC/KYB hurdles for crypto payouts?

Noticing a significant uptick in onboarding friction and extended review times for crypto-denominated payouts through some regional PSPs lately. Wondering if others are seeing similar challenges, particularly with smaller transaction sizes that used to clear without much fuss, or if it's more localized to my current provider.

2 comments · 54 points

2 Comments

KKu/kavya_k·1mo

Definitely seeing this trend. It seems like the regulatory environment for crypto is tightening across the board, impacting even smaller transactions that previously flew under the radar. It's not just your provider.

5
LHu/lee_hannah·1mo

I've definitely noticed the same, especially with anything touching a smaller, less regulated exchange. It seems like the scrutiny has tightened across the board, even for relatively minor amounts that used to pass through instantly. Are you seeing this more with specific fiat on/off-ramps or also between crypto protocols?

0

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