
Bitcoin Adoption in Europe w/ Julian Liniger
Bitcoin Magazine Podcast
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Are There KYC Laws in Switzerland for an Exchange Like Relay?
In Switzerland, there's a 1k limit of like a daily limit of 1k that you can buy and sell like transact coin without any KYC. We don't even have to know the name or the address, let alone the ID, passport or whatever information from our users up until 1k per day and 1k per year. Below, it's called a casa gesheft, so just a simple exchange without any cost involved and then it's no KYC basically. Now because we are regulated in Switzerland, we can do this technically in the whole world and we are now open for all the European countries. So we're live with active users in four different countries in
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