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Topic: Ciphertrace Offers Easy AML to Bitcoin ATMs - page 2. (Read 364 times)

legendary
Activity: 1652
Merit: 1483
Known as the Clean Crypto Kiosk Initiative this is pretty exciting to see a company like ciphertrace working to keep the atms compliant. I hope we first see more bitcoin atm machines but secondly AML compliant ones

this is exciting to you? what's with all you bootlicking newbies?

blockchain analysis companies and AML/KYC are not things to celebrate. if bitcoin atms aren't legally compliant, be happy the atm operators are taking the compliance risks so you can retain a bit more freedom. Wink

this is why i still have love for companies like btc-e even though i lost some funds there. somebody has to keep giving the authorities the middle finger! as someone who came up when bitcoin was still the wild west, i don't like the look of this brave new world.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Ciphertrace is getting involved in a lot of projects and startups concerning AML and KYC regulations. Finally they are getting that tech into use and to be fair, I haven't expected them to move for the next few months or so. Anyways, this just makes the scene cleaner and somewhat attractive considering that there already is a way to help regulators catch nefarious people trying to use crypto as an avenue with their schemes.

Let's just hope that Ciphertrace tech isn't going to be used to oppress people who are legitimately doing their thing with cryptocurrencies.
jr. member
Activity: 300
Merit: 5
I've never used one of those atms before but I might be more inclined to do so now
jr. member
Activity: 247
Merit: 1
https://cryptobriefing.com/ciphertrace-easy-aml-bitcoin-atms/

Known as the Clean Crypto Kiosk Initiative this is pretty exciting to see a company like ciphertrace working to keep the atms compliant. I hope we first see more bitcoin atm machines but secondly AML compliant ones
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