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RE: The Rise Of Algorithmic Stablecoins

avatar of @rzc24-nftbbg
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@rzc24-nftbbg
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1 min read

I suspect the same thing happening in our country I think before the pandemic. There was this kind of "banning" of bank accounts involved in the crypto transaction but there was no official public announcement. Two years after, I think it was in 2021, PDAX the SEC-regulated exchange was launched where people are allowed to trade crypto.

Now the strategy is for mobile phones to undergo KYC in the name of protecting mobile users. I think that's just the pretext. The real intention is to police mobile users doing crypto transactions.

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