How Anonymous Is the Purchase of Crypto? Regulations - Practice - Risk
Anonymity In A Crypto World
In a worldwide environment where privacy is constantly under threat, purchase of cryptocurrencies is not an exception. In the early stage of this market, as the number of users and exchanges was not significant, the formalities around the identification of the users were not widespread. However, over the course of the years, the situation changed.
Criticisms on the anonymity of many Bitcoin users and the perceived risk that cryptocurrencies were used as a way of money laundering or for other illicit activities, increased the attention of international regulators. Read more...
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If you are buying on platforms like Coinbase it’s not anonymous at all.
You are absolutely correct sir. Well, for most people that is true anyway =)
There are some enchanges that are more anonymous than others, but the trend is to transparency.
Surely, and it should be that way (for the most part). Tax dodging is pretty frowned upon.