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KYC plans for crypto funds have been scrapped by the Treasury of the United Kingdom. | #kyc

KYC plans for crypto funds have been scrapped by the Treasury of the United Kingdom.

KYC plans for crypto funds have been scrapped by the Treasury of the United Kingdom.

In order to complete a crypto fund transaction, the UK Treasury no longer requires parties to comply with KYC standards. In the Treasury's view, private wallets and unhosted wallets have little or no use for KYC policies.

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