Post by twetch#18283

13xxTY…RgDG Key · twetch

UK art dealers are now subject to the same types of money laundering obligations as securities dealers and banks in many jurisdictions.

https://news.artnet.com/market/uk-money-laundering-regulations-1780056

What the chain says
Block
622 767
Time
2020-02-19T15:41:16Z
Signer
13xxTYfXUfcoTow32Ygwxj6r2NUWTnRgDG
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#18283

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 13xxTYfXUfcoTow32Ygwxj6r2NUWTnRgDG Verified

Replies (2)

1Hg49F…B8R8 Key · twetch
Replying to@13xxTY…RgDG

👀 wow, about time this happened.

13xxTY…RgDG Key · twetch
Replying to@1Hg49F…B8R8

Given that you can buy art using crypto in many places, I consider this a good thing. Crypto exchanges KYC you. Off ramps KYC you. Why wouldn't art dealers selling pieces for millions have to do the same? So I agree...this is overdue.