AML and KYC: A catalyst for mainstream crypto adoption
Cointelegraph
Published Aug 14, 2022 06:30AM ET
Updated Aug 14, 2022 08:00AM ET
For Satoshi Nakamoto, the creator of Bitcoin (BTC), the motivation to create a new payment ecosystem from scratch in 2009 stemmed from the economic chaos caused by the banking sector’s over-exuberant and risky lending practices mixed accompanied by the bursting of the housing bubbles in many countries at the time.
“And who do you think picked up the pieces after the fallout? The taxpayer, of course,” said Durgham Mushtaha, business development manager of blockchain analytics firm Coinfirm, in an exclusive interview with Cointelegraph.
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Written By: Cointelegraph
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