@Mer__edith No, this is exactly where you got it wrong!

  • Tho I'd blame #Moxie and his arrgance building @signalapp instead of you personally.

Also how's that #MobileCoin #Shitcoin going?

  • Will it be removed soon or will the #Scam be continued?

Cuz last time I checked #Signal neither cmplied with #MICA nor had any #license for a #MoneyRemittance business in the Eurosystem and @BaFin & @bsi already shutdown the #WorldCoin scam due to way lesser infractions

@carnage4life Considering #Tether is a centralized setup with literal #SmartContract that give the company behind it the option to ban/freeze and empty #wallets to "comply with #sanctions" it merely undercuts shitty #MoneyRemittance services like #WesternUnion that charge absurdly high fees.

But don't take my word on it cuz this is #NotFinancialAdvice...

𝐇𝐨𝐰 𝐭𝐨 𝐂𝐨𝐦𝐩𝐥𝐲 𝐰𝐢𝐭𝐡 𝐀𝐌𝐋/𝐊𝐘𝐂 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐑𝐞𝐦𝐢𝐭𝐭𝐚𝐧𝐜𝐞 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞?
Train your team regularly on AML/KYC importance.
Verify customers with live data like sanctions lists.
Invest in tools to simplify compliance and flag suspicious activities.

🌎 𝐋𝐢𝐧𝐤:- https://bit.ly/3VrQFV1

#webcomsystems #moneyremittance #B2BRemittance #b2bmoneyremittancesoftware #moneytransfer #sendmoney #money #remittance #transfermoney

Comply with AML/KYC Regulations in Remittance Software

Ensure remittance software adheres to AML/KYC regulations for secure and legal transactions. Implement robust customer due diligence, identity verification, and transaction monitoring to mitigate money laundering risks and comply with financial regulations.