"No KYC" Crypto Cards Tap Corporate Issuing Loopholes
Cryptocurrency payment card providers are exploiting regulatory loopholes in corporate card issuing to offer "no KYC" (know-your-customer) cards that bypass identity verification requirements. These services, ranging from privacy-focused startups to potentially illicit operators, are raising compliance concerns among fintech and financial crime professionals, with some explicitly marketing evasion of sanctions and regulatory obligations.
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