"Why Is Bypassing KYC for Crypto Cards Doomed to Fail?" (Author: milian; Translation: AididiaoJP, Foresight News) As long as the underlying infrastructure relies on Visa and Mastercard, the so-called "KYC-free crypto cards" cannot exist long-term. Card organizations enforce compliance rules through issuing banks to ensure end-user identification. A common practice is to use corporate card structures to bypass personal KYC, but once transaction volumes increase, scrutiny is triggered. Projects are usually shut down within 6–12 months, and user funds face the risk of freezing. The conclusion is that achieving unlimited KYC-free spending within the card organization system is impossible unless this payment infrastructure is completely bypassed. Read more:
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"Why Is Bypassing KYC for Crypto Cards Doomed to Fail?" (Author: milian; Translation: AididiaoJP, Foresight News) As long as the underlying infrastructure relies on Visa and Mastercard, the so-called "KYC-free crypto cards" cannot exist long-term. Card organizations enforce compliance rules through issuing banks to ensure end-user identification. A common practice is to use corporate card structures to bypass personal KYC, but once transaction volumes increase, scrutiny is triggered. Projects are usually shut down within 6–12 months, and user funds face the risk of freezing. The conclusion is that achieving unlimited KYC-free spending within the card organization system is impossible unless this payment infrastructure is completely bypassed. Read more: