hasky's avatar
hasky 4 months ago
When all Money service registered then it can made a database of business in which can be tracked in case some fraud , customer losing their fund , or bankruptcy. This is why registration is important . In my point of view .

Replies (2)

Most big banks have lawsuits every year regarding money laundering and fraud and they pay a fee and never go to jail. However if you are a small business you are screwed. In perfect world you could see it that way, but that system doesn’t take into account corruption from inside the system.
Benking's avatar
Benking 4 months ago
It’s true that registration can bring transparency, but it shouldn’t become an excuse to suppress open-source and decentralized software.