Shalini Nagarajan, 13 June 2021
Many people think bitcoin transactions can be anonymous or untraceable, but they’re misunderstanding how the process works, Ben Weiss, CEO of crypto ATM operator CoinFlip, said at a webinar on digital assets this week.
“It’s not anonymous. It’s pseudo-anonymous. You can’t buy any large amount of bitcoin without KYC or ID or driver’s licenses,” he said, referring to “know your customer” and similar identification checks. Continue reading “Article: Bitcoin anonymity is just a big myth – and using it to launder dirty money is stupid, a crypto ATM chief says”