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Topic: OpenNode requires KYC now! - page 3. (Read 504 times)

legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
August 24, 2019, 11:54:34 AM
#2
The only way you can set up a service without kyc/aml is if you set it up as a hidden resource in tor or equivalent "darknet" site, or something entirely p2p like Bisq which uses tor hidden service for publishing.

The only place you could still set up services like that without kyc is in an unregulated country, which will no doubt get pressured to adopt regulations anyway.

In such site only the community itself can patrol funds origin, and you could end buying "tainted coins" (ie. stolen from an exchange/phished wallet).

Interesting times indeed...
legendary
Activity: 1778
Merit: 1009
Degen in the Space
August 24, 2019, 09:42:40 AM
#1
This news is very fresh and I know there's a lot of users of OpenNode;
Quote
OpenNode offers a robust platform that consists of an easy to use eCommerce and retail plug-in solution, payment infrastructure API's for developers, and the fastest payment processor limits to allow for brand new payment models and instantaneous settlements.

OpenNode was known as bitcoin payment gateway through blockchain or lightning network
But lately, they are requiring KYC now to their users for them to withdraw their money. We all know that most of us disagree by putting KYC on every platform we're in.


So there's a lot of users of opennode who bypassed the platform to withdraw their money. Just by filling the Welcome Back Screen, you can now access the platform and withdraw all of your money in there.
Quote
We're giving people time to submit their information. Meanwhile, your account is operational and allows you to withdraw all your funds without submitting any documents, just fill the Welcome Back screen.

It's temporary only and if you knew that you're one of those users of opennode, withdraw it now.
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