BitShares Forum

Other => Graveyard => Bitspark [closed] => Topic started by: scatha on February 07, 2020, 12:38:51 am

Title: Why did Bitspark close ?
Post by: scatha on February 07, 2020, 12:38:51 am
Was it due to "Regulation" ? Of course it was. But they are probably not allowed to admit this.
It is sad to see a very promising project getting shut down.

https://www.blockchain.us/kyc-aml-the-biggest-scam-in-the-crypto-world/

Quote
It’s impossible to measure how much the KYC / AML rules cost us. We will never know how many innovative products and solutions have been destroyed in the bud because they did not or could not afford the current compliance regime.