Regulation· ★★· neutral·

F2Pool co-founder criticizes 'permanent address' KYC requirement

  • Wang called KYC 'Kill Your Customers' and compared it to feudal attachment to land
  • In his view, the permanent address requirement disadvantages those who frequently change housing and countries
  • He cited criticism of KYC from ShapeShift founder Erik Voorhees
  • No new rules or platform policy changes were announced in his statement
Why it matters: Shows continued industry pressure on KYC practices, but the statement carries no concrete regulatory consequences.
Source: TokenPost