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Topic: Centralized Exchanges already violate customers privacy right by asking for KYC - page 2. (Read 259 times)

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My people I say make I bring this one to our notice sake of say, many things dey happen for the naija cryptocurrency space lately were demand our alertness and questioning on how thing the go before now.

No doubt gov recent activities to take down centralized exchange that engaged in naira trading when theor are not licensed to deal such deal or even have any government certificate to under take such services.

If you look well well, to some extent the government fit get a point oooo, sake of say why the exchanges go dey ask customers to submit their documents and go through kyc when their know that their are not authorised by government to do so since their don't have licensed to operate it make them become Lord over their own system when then their self no follow thr right principles to operate such a service within the jurisdictions.

So make we chuck mount for the big yan we're be say!

Why exchange go collect kyc from customers in Nigeria when their are not licensed by government?

Waiten them dey use the kyc documents for and who authorised centralized exchange to do kyc for their customers when the don't have licensed which AML are their trying to protect?

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