UK art dealers are now subject to the same types of money l… Twetch · February 19, 2020 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 Replies Twetch · February 19, 2020 👀 wow, about time this happened. Twetch · February 19, 2020 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.
Twetch · February 19, 2020 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.