Comment on Vultr doesn't let you use Bitcoin until you've already set up payment using a credit card or PayPal

LainTrain@lemmy.dbzer0.com ⁨5⁩ ⁨weeks⁩ ago

• bobs_monkey@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

  KYC?

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  • BeardedGingerWonder@feddit.uk ⁨5⁩ ⁨weeks⁩ ago

    Know your customer. Legal requirement on financial institutions to retain certain customer information and red flag suspicious behaviour.

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    • bobs_monkey@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

      Got it, thanks

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  • SpaceNoodle@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    Kentucky Yeeted Chicken

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  • The_Worst@feddit.nl ⁨5⁩ ⁨weeks⁩ ago

    Know Your Customer.

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• WhyFlip@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  What a dumb take.

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  • LainTrain@lemmy.dbzer0.com ⁨5⁩ ⁨weeks⁩ ago

    Any reason why?

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    • WhyFlip@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      I work in AML and KYC is a part of that process.

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      • LainTrain@lemmy.dbzer0.com ⁨5⁩ ⁨weeks⁩ ago

        Yeah, it’s an anti-glowie measure.

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