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RE: Buy & Sell STEEM With P2P Trades & Your PayPal account

in #money5 years ago

As a whole the process of buying any crypto is honestly a pain in the butt for most people. It has a ton to do with know your customer laws in the US and similar laws elsewhere. These laws are ones you don't want to mess with and I'm curious if @swapsteem is worried about this?

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I'm not totally clued up on the laws in the US, but if its P2P can they really trying to enforce KYC? It's basically just a platform for a user to meet another user, feels like it falls in a bit of a grey area. I'd also be keen to hear what the law says and if there are somehow @swapsteem plans to deal with it

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