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KYC for businesses have been in place in a variety of industries dating back to the Obama area. It's only now being enforced in our sector.
I may not like it but it's a banking regulation that they can't just ignore. It's not their fault. They have to do it to do it to comply with banking regulations. They can't stay in business without complying.
Does it suck dick? For sure. But it's also not going away.
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