23min chapter

Crypto Critics' Corner cover image

Why Crypto Will Never Fix Payments (Feat. Patrick McKenzie)

Crypto Critics' Corner

CHAPTER

The Impact of Banking Regulations on the Payments Infrastructure

The speakers discuss the impact of banking regulations, specifically KYC and AML, on the payments infrastructure in the United States. They explore how these regulations affect payments products, winners and losers created by the policies, and the difficulty of verifying identity for the unbanked or underbanked.

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