Brian Hoonjong Paik on Nostr: #Coinone, Korea's third-largest crypto exchange by volume, recently revealed that ...
#Coinone, Korea's third-largest crypto exchange by volume, recently revealed that their PoS #staking product 'Plus' is exclusively accessible to Korean citizens who have completed the full #KYC process. This is due to PoS chain validators stepping up their KYC/AML policies to ensure full #OFAC compliance.
#PoS doesn't seem to address any issues. Instead, it just perpetuates the same old nonsense found in the traditional financial system.
Published at
2023-04-26 23:45:27Event JSON
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"content": "#Coinone, Korea's third-largest crypto exchange by volume, recently revealed that their PoS #staking product 'Plus' is exclusively accessible to Korean citizens who have completed the full #KYC process. This is due to PoS chain validators stepping up their KYC/AML policies to ensure full #OFAC compliance. \n\n#PoS doesn't seem to address any issues. Instead, it just perpetuates the same old nonsense found in the traditional financial system.",
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}