The Dinosaur in the Room

Digital Currencies, Bitcoin ATMs, Online Exchanges and the coming storm of AML regulations. Before getting into the Digital Currency space I had a basic knowledge of AML (Anti-Money Laundering) and KYC (Know-Your-Customer) regulations. Having had my credit card identity stolen after purchasing goods online, I had decided to start only using a pre-paid credit card from my local money service business for e-commerce purchases. After a few months of running through hundreds of dollars of purchases, I got a call from the pre-paid credit card provider asking me to verify my identity and the reason I was using my card so much. My initial mental response ...