Comment on X plans to use payment, phone and ID verification to stop bots, $1/yr feeparentComments−datadrivenangel2yAML/ MTL?KYC = Know your customer.−fragmede2yMoney Transmission License, eg Venmo needs one of these for each US state they want to do business in.−stvltvs2yAnti Money Laundering−happytiger2yExactly.https://www.ffiec.gov/press/PDF/FFIEC%20BSA-AML%20Exam%20Man...
Comments
AML/ MTL?
KYC = Know your customer.
Money Transmission License, eg Venmo needs one of these for each US state they want to do business in.
Anti Money Laundering
Exactly.
https://www.ffiec.gov/press/PDF/FFIEC%20BSA-AML%20Exam%20Man...