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A comment on The Security Behind the Birth of Zcash. Parent comment

Re:The Security Behind the Birth of Zcash by JumpCrisscross on Sunday July 16, 2017 @05:14PM (#14784143)
> it would be good to have an optional KYC/AML attached to cryptocurrency transactions

This is already the case, minus the optional part [1]. Broadly, I'd guess anyone involved with an unregulated money transmission operation is one pissed-off D.A. away from serious jail time.

[1] http://www.coindesk.com/bitcoin-law-what-us-businesses-need-...

[ Parent | on HN ]
Re:The Security Behind the Birth of Zcash by wslh on Sunday July 16, 2017 @09:29PM (#14785063)
That article applies to US law.
[ Parent | on HN ]
Re:The Security Behind the Birth of Zcash by JumpCrisscross on Sunday July 16, 2017 @09:39PM (#14785095)
If you do anything with U.S. dollars, the United States claims jurisdiction.
[ Parent | on HN ]
Re:The Security Behind the Birth of Zcash by wslh on Thursday July 20, 2017 @10:07AM (#14812527)
You don't need to use dollars in exchanges.
[ Parent | on HN ]