And who will enforce this rule, these offshore jurisdictions are a joke, all the rules and policies they have are only to please the oecd nothing else.
Exodus is interesting in that it's a US business. It's registered in Nebraska, owned by a Delaware company. The trail ends at Delaware so it is seemingly anonymous. Seeing as it's a US company though it would fall under US regulations.
With BitMex specifically︁ they are being investigated by the CFTC. A bunch of other charges have been added︂ on top but primarily they were targeted due to offering unregulated futures trading to US︃ persons. BitMex is a different beast than Exodus.
I'm not sure though if Exodus will︄ remain under the radar indefinitely. If they grow to the size of BitMex they may︅ face similar scrutiny due to lack of KYC. Exodus claim to be able to get︆ around KYC by dealing exclusively with cryptocurrency and not offering fiat services. BitMex doesn't offer︇ fiat services either though.
Hi Andrew, I used Palau ID + Darks passed their level 2-3 KYC. There are some tricks with Kraken too. To be honest , there are many big exchanges who just need some kyc documents and they dont care if︀ they are genuine at all.