QUESTION
Are individual required to KYC buyers for crypto?
Asked on Feb 01st, 2022 on Internet Law - Oregon
More details to this question:
As an individual buying from a crypto exchange, do KYC/AML laws apply when selling privately to another individual?
1 ANSWER
E-Commerce Law Attorney serving Akron, OH
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Andrew M. Jaffe, Attorney at Law
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Andrew M. Jaffe
Attorney at Law
2375 Covington Rd, Suite 315
Fairlawn, Ohio 44313-4358
(330) 983-4842
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Thank you for contacting me concerning your need for an Internet attorney. I would be happy to discuss your questions on the phone. We can schedule a call for almost any afternoon (Eastern time) including weekends. There is no charge for this initial consultation and it is covered by attorney/client privilege.
Crypto currency sites have both SEC and FINtech issues you will need to understand and follow.
You will want to discuss your situation with a lawyer in more detail. Many lawyers offer a free phone consultation.
Answered on Feb 02nd, 2022 at 11:21 AM