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in reality no. but it is the passport that delays us in our country for example. At the time or month I am ready to establish my KYC the government of my country has broken the contract with the provider who establishes the passport. So I've been here since waiting for the politicians to come to an agreement with each other first. So in reality the KYC does not block but it is the identification piece that blocks
added by 1001176362 1153 days ago 4    0

It has made difficult but we need it to avoid fraud because the world is full of fake people with fake documents
added by Anonymous 1155 days ago 7    0

Has KYC made it difficult awaiting your Payment?
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K.Y.C was applied initially to Financial Institutions however its been expanded to Fin-tech, Virtual Asset Dealers even capturing non-profit organizations are liable so has K.Y.C made it difficult awaiting your Payment?

How do you vote?

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It depends on which service provider because some entities they're far away from the kyc such as with the pernum, one has be be verified with relevant documents after kyc being done before.
added by Anonymous 1010 days ago 0    0

At the beginning, KYC was only applied by the banking intuitions to check fraud. But it has been expanded to cover other organizations. Personally, I do not mind how much time the exercise takes as long as it helps to stem fraudulent activities.
added by 1000851268 1155 days ago 6    0

No, any insititution has to make things difficult abeat to ensure that it deliver the best service to its costomers.
added by Anonymous 1155 days ago 6    0