Update on making an angel investment in a combination of #Ethereum/USD: My US bank held the USD wire in secondary review & locked my account, tx ultimately took 2 days, 10 min on phone, and $25 fee vs. ETH from @coinbase cleared in 3.5 minutes for ~36c.https://twitter.com/patrissimo/status/948382538887655424 …
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How long until the AML/KYC bullshit that delayed your bank transaction gets forced onto coinbase?
Good question, but: not yet. And it takes awhile for that to spread to all banks. And crypto is designed and backed by people who want to resist that control, unlike banks. I am KYCed by Coinbase, but they don't review/limit what I send out.
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What KYC did you hit beyond email address and cell number link?
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Hi
@coinbase. What would be the specific regulatory blockage preventing me from buying Etherium through your platform in NZ?
End of conversation
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