KYC
Corgi Digital Banking & Fintech Infrastructure ETF
stock BATS ETF

Absolutely no chance whatsoever of that.
The government often can't even identify when someone is working and claiming welfare or disability, even though they have full oversight of both systems. Because the tax department seldom picks up the phone to talk to the welfare department. That's why you get news stories with headlines saying some someone was working while claiming to be disabled for 8 years etc (and of course, they only publish the ones they catch, and for every one they do there's probably at least 10 they don't).
So with that in mind, no, no one is going to be collating all the KYC data from coinbase and then mapping that data to withdrawals to external wallets and then tracking where THAT money went up to see if it eventually surfaces in another exchange in your name.

could you stop using KYC exchanges and use decentralized ones like bisq for example? tbh idk how much they **come at you**, if they **come at you hard**… but i would totally shuffle things around and then just go dark: no KYC exchanges at all. when they come and ask questions i would say that i just gave it away for things because the new address with the coins is not mine any more. and they can’t prove it is, its like a cash transaction for material goods (or virtual why not it’s almost 2027)

I mean specifically with btc which the government doesn't help keep the network running and doesn't provide any security like, literally none, it's literally stealing bitcoins. Only \*\*\*\* pay taxes in BTC, starting with buying BTC with KYC, lol

Heard of KYC ?, every government knows exactly how much crypto you have if you bought it on an exchange, even if bought before KYC

I bought all mine with no KYC. They can kiss my ass.

Put it on an exchange
WHY? They still do KYC. If there are taxes to pay they’ll happily argue these BTC are yours, not theirs. And when they go belly up or get rug pulled somehow, they’ll do the opposite.
Haven’t we been arguing to never keep substantial amounts on an exchange for like.. the beginning of crypto?

KYC

The vast majority of every Thai over the age of 10 has a True Wallet. A private Thailand only payment system. Foreigners can join with a passport and a local phone number and Bitrefil performs top ups in Thai Baht. Some more KYC required to be able to break out of the ecosystem and pay directly to hotel, restaurant etc bank accounts. However generally unnecessary just ask nicely first "can I pay with my true wallet and its the same."

KYC exchanges

i'd usually do it in two steps: first, open a brokerage that lets you set up automatic recurring buys (e.g., Fidelity, Charles Schwab or Vanguard) and complete your KYC; then I open a Roth IRA and a taxable account so I can max out the Roth each year—the rest I route into a low‑cost index fund SIP like VOO or a direct plan, setting the buy to run each pay‑day or the 2nd of the month, starting with a modest amount until my emergency fund is solid.

Thanks for the write-up.
BSP has always highly regulated ewallets though. Initially through a sandbox as everyone was figuring out what to do with it. Then they put a moratorium on new entrants. And they have always had strict KYC and reserve requirements for the ewallets.

Is phemex really a small exchange? Lol. I know a lot of these comments were over a year ago but now in Canada at least there's almost nothing without KYC. The gov has got it everywhere, for our safety.

yeah KYC creep is hitting basically every custodial app lately, not just strike. depends what you actually need it for tbh:
* if you want to stay fully off the ID grid, bisq or robosats are still kicking around (non-custodial/DEX style), just expect more friction and worse liquidity than something slick like strike
* if it's really just "I need a lightning wallet and don't want to scan my face," phoenix or muun do the job, non-custodial so no ID required since they're not holding your funds
* some people just go p2p for buying sats, local bitcoiners / meetups / even telegram groups, works but obviously more trust-your-gut territory than an app
honestly this is just the direction custodial stuff is heading generally, non-KYC is probably never coming back for the "big slick app" tier. annoying but also kind of the whole reason self-custody exists lol

which is a bit tough, considering KYC.

KYC approved exchanges ask users to verify an address before sending larger amounts. So, key take away is here, to then move it forward to a fresh address. Am I correct?

Some KYC data breach - yet another reason not to link your real-world info to crypto. If most people don’t care about privacy, maybe they’ll at least care about risks like this.

>Part of the problem is governments holding info about who owns what.
Because people willingly give this information to third parties. Instead of going through KYC, **buy at BISQ, Robosats, HodlHodl, PeachBitcoin or Vexl**. And no government will have any information on who owns what.
>Even so, is having your life's savings in the house wise?
According to the article, that guy had several luxury Rolex watches at home too. Possibly a lot of cash and gold, the robbers didn't bother to look for or wasn't reported. Only with Bitcoin you can do a multisig and have the other keys hidden outside of your house and give the attackers zero results without moving to another location like your friend's home or your office building where others can alarm the police.
>Seems to me there is a case for Bitcoin banks as it gives people choice.
That reintroduces KYC and the "governments holding info about who owns what" problem again.
Simply, the government, nor other third parties cannot leak the information they don't have. Here's another example of the KYC disaster: https://decrypt.co/378114/revolut-passports-bitcoin-activity-data-breach

I’m trying to open this Binance Pay link with the app however it asks me to fill the KYC when I’ve already done it and I don’t know what to do. I was wondering if someone here is able to open the link and can PM me the name of the person who requested this to me if it shows.

The amount of hidden fees and support for the right tokens make all the difference in everyday use.
Excessively strict KYC requirements or slow deposit processing can quickly ruin the user experience with the card.

KYC is done on account creation and when due dilligence cases are opened. The verdict is out. Account closure. There is no more investigation or KYC to be done. Only that the money now needs to flow out...

And investigations take time. Especially KYC