“KYC” stands for “Know your customer,” and “AML” stands for “Anti-Money Laundering.” KYC guidelines are part of a greater AML framework of banking regulations. You can read more here if you like, but effectively in order for us to allow you to use our products and services, we are required by law to know who you are. Although Bitcoin is a permissionless network, Tantra Labs is subject to the laws of the State of Delaware and the United States of America. While we regret the need for you to submit your personal information, passing a “KYC check” is not optional if you wish to use our services. For more information regarding the security of your personal information, you can read more by visiting the site for our 3rd party KYC provider, Persona.
What is “KYC” and “KYC/AML” and why do I have to do it?
Written by Kagen Atkinson. Updated over a week ago
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