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CNN Cuomo Prime Time June 4, 2021 05:36:00

When youre trying to do a large wire transfer to someone else in the traditional banking system, when its over $10,000, the bank will perform something called kyc. know your customer checks on who you are, the source of funds and who its going to. we need the financial institutions in the crypto space to do those same checks on their customers. crypto exchangers and others that are playing a role in the transfer and conversion of the funds, the cryptocurrency funds into whats called fiat currenc...
Wire Transfer Banking System Customer Checks Fiat Currency Crypto Space Crypto Exchangers

CNN Cuomo Prime Time June 4, 2021 01:35:00

Tail. nowadays you can say please transfer money to my bitcoin wallet and no one knows who owns that bitcoin wallet. as a result, it has really generated this explosion in ransomware and extortion schemes because now they can receive the payments in effectively an untraceable manner. >> you say the fix is for the administration to crack down on cryptocurrency. how? do you believe that they could make it illegal? >> no, i dont think we should ban it. what we should do is apply the exact same stan...
Mo Ney Bitcoin Wallet No One Crypto Currency Wire Transfer Banking System

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