twitter.com
With MiCA laws passed, Crypto service providers in the EU will be forced to integrate KYC/AML standards into their product, as well as all Stablecoins will require proof of reserve. Everest is the only fullstack solution built to provide these now necessary regulatory services worldwide. Strap in.
Other urls found in this thread:
everest-foundation.medium.com
youtube.com
twitter.com
inb4 tether and circle blocking eurofags wallets.
It will integrate with something like Hbar or iota, not your shitcoin. Everest isn’t the only crypto player doing digital id’s
Isn't this the symbol of international pedos according to Any Forums schizos
> isn’t the only crypto player doing digital id’s
There are dozens if not 100s of DIDs, but how many of them work bank to bank, country to country? Most of them run into that limitation that not all jurisdictions will recognize a KYC. With it's MFSA license Everest became a bank itself and circumvents this.
no. private wallets are excluded
Why is the token needed?
> Stablecoins will require proof of reserve
easy solution, block eurofags.
Proof of reserve of 400k ID is needed for validators, anyone with less can pick a node to delegate towards.
On-chain Services such as: kyc sharing, fiat onboarding, transfers, ect. all will have a fee tied to them that will be paid out in ID to validators.
Article on tokenomics here:
everest-foundation.medium.com
again, private wallets are not concerned and cex, cefi and others are not going to implement some decentralized solution on chain, every nigger on a cex is already kycd, their data is already linked, from 2024 or so on states and authorities have just the right to get that data an exchanges cant refuse it
Private wallets wont need to if it's going to sit in private wallets, but if they'll want to use a DEX/DeFi Dapp from a regulated country they'd need on-chain KYC
Thanks.
Why is the trading volume dead? Surely there would be signs of any accumulation like it was early on with LINK, no?
youtube.com
essential everestpill
Also why are a lot of Everest holders shilling referral links? I can't think of a single sound investment which started with referral link shilling
fuck off
reread:
>Stablecoins will require proof of reserve
tether and circle only provide attestations
It's the only one that matters, try looking into it before you dismiss it
I am asking a genuine question
read the draft. They fucked up, smart contracts are basically private "wallets". Its just going to accelerate decentralization away from cexes
I'll just buy and set everything up without your ref link then