Crypto Industry vs G20: a Fight Against 'Draconian' KYC Procedures

Cryptonews The cryptocurrency industry is not happy with the possibility of G20, the group of 19 large countries and the European Union, imposing stricter know-your-customer (KYC) procedures on cryptocurrency exchanges and related businesses. Calling it “more draconian than the BitLicense [New York’s operating permit system],” industry experts also believe that this is “undesirable from May 14, 2019 at 09:02PM By Crypto News