21-02-2019 18:00 via newsbtc.com

Bitcoin (BTC) Prices Cool Off, KYC and AML Defeat Purpose of Crypto

Bitcoin prices cool off but up 8.7 percent in the last week
KYC, AML and other rules imposed by centralized exchanges defeats crypto objectives
Transaction volumes taper as prices consolidateAlbeit the excitement around expanding prices and wave of adoption, KYC and AML rules that expose user identity but made mandatory by exchanges defeat the very purpose of crypto. Progress is visible and would organically pump Bitcoin (BTC) prices.
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