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Not really.. most of these companies aren't trying to evade the law- in fact the industry is mostly begging for regulatory clarity in order to be in compliance. Nobody wants to invest millions into something that may or may not end up being designated as illegal.


I actually think that this is at the core of most of these companies.

Take anonymous money transfers for any amounts. This is why KYC/AML laws exist.

If someone could show how a cryptocurrency with anonymous features can follow KYC/AML laws, I'm all ears.

Begging for regulatory clarity makes it seems one-sided. It seems very clear to me that the dream the cryptocurrency companies are trying to sell is fundamentally incompatible with the intent of the regulation, even if not yet its text.

What can they be left with afterwards? We'll see, but it won't be the vision they've sold.

> Nobody wants to invest millions into something that may or may not end up being designated as illegal.

The bitcoin blockchain has child porn on it. And BTC is explicitly designed to break KYC/AML laws. Yet people invest.


If someone could show how a cryptocurrency with anonymous features can follow KYC/AML laws, I'm all ears.

Zcash has done a lot of work on this. https://z.cash/compliance/




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