Hi
Abbreviations; (CC) = Credit Card Payment
As title says I can create a Crypto > Cash (CC) or Cash (CC) > Crypto decentralised business but want to legally bypass the AML/KYC using China’s CIPS rather than SWIFT. As regulation is more lax. Would I need to do business with a sole bank outside the AML/KYC system?
Is this feasible? As the AML/KYC is my selling point (no id or address just transfer) can create a very simple system. I believe there’s a growing trend interested in this especially with the Russia’s exclusion with SWIFT. Any feedback/alternative/knowledge are gladly welcome.
Abbreviations; (CC) = Credit Card Payment
As title says I can create a Crypto > Cash (CC) or Cash (CC) > Crypto decentralised business but want to legally bypass the AML/KYC using China’s CIPS rather than SWIFT. As regulation is more lax. Would I need to do business with a sole bank outside the AML/KYC system?
Is this feasible? As the AML/KYC is my selling point (no id or address just transfer) can create a very simple system. I believe there’s a growing trend interested in this especially with the Russia’s exclusion with SWIFT. Any feedback/alternative/knowledge are gladly welcome.