L0laL33tz on Nostr: Economists at the Bank of International Settlements just proposed that *any coin* ...

Economists at the Bank of International Settlements just proposed that *any coin* that has *ever* passed through a no-KYC wallet should be banned from regulated services.

The economists argue that their approach would enable a culture of self-policing, or “duty of care,” in which even users of non-custodial wallets would not accept no-KYC coins, report illicit activity, and engage in voluntary KYC.

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🚨NEW: Economists at the Bank of International Settlements propose banning any coin that has passed through a no-KYC wallet from regulated services to enable a culture of self-policing

Full Story 👇
https://www.therage.co/bank-of-international-settlements-kyc-non-custodial-wallets/