Damus
nostrich profile picture
nostrich
New non KYC exchange on the map now: https://xmr2cex.com/ what's fascinating here is it offers clean UTXOs that pass sanctions and AML checks for a higher price of 5-6% per swap. Usually swap services are under 1% but often give "tainted" UTXOs that result in legal scrutiny and frozen funds if sold or spent on exchanges and payment processors that perform AML checks.

Now we're seeing a price on untainted Bitcoin: 5% over spot. Curious to see if this spread will increase as AML regulations tighten.
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shortwavesurfer2009 · 3w
This was what was always going to happen with traceable currencies. There would always be a market for clean UTXOs and it would have a premium associated with it because one surveillance coin is not equal to one surveillance coin.
Yena · 2w
Blockchain Tx history is just one factor in passing AML/KYC checks so even the purest of coins may not be sufficient for how some people will try and use them. Additionally the risk rating of a tx based on its history is not static - one could imagine two people getting BTC from a common (ancestor)...