“No KYC” Crypto Cards Tap Corporate Issuing Loopholes

"No KYC" Crypto Cards Tap Corporate Issuing Loopholes

Cryptocurrency spending cards marketed as "no KYC" (know-your-customer) are exploiting regulatory loopholes in corporate credit card issuance, raising compliance and financial crime concerns among fintech professionals. Some offerings, like Bitsika, are being promoted for sanctions evasion purposes, while companies like Off Grid frame the approach as a privacy-focused alternative operating within existing systems.