KYC process, verification and authentication of customers, a business is said to be.

According to the article, The Journal Whalecalls, etc. banks in Taiwan, previously the conditions of the AML (anti money laundering) and KYC (knowing the customer), hard were not, but they should be with your regulations of the United States matching. However, the United States recently in the conditions on appeal. Sector network executive, financial crime, United States (Fincen) is now demanding that any agent, commercial (such as a transmitter of money) should any suspicious activity to report. Fincen on its website declared: “when a transaction via MSB (money services business) or is it done, should be recorded. The report time should be recorded that the items suspiciously seen or relocation money of 2 thousand dollars more.” Based on the agency mentioned., the exchange of bitcoin as “senders of money” are known.