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The original was posted on /r/monero by /u/MarkedLegion on 2024-02-03 07:41:36.
Hi Monero community, I’m in the planning process of developing a Monero Anonymous E-commerce site, focusing on anonymity for users. I believe the key to changing perceptions about Monero, both within crypto communities and globally, is through demonstrating its unique applications that other cryptocurrencies lack.
However, I’ve encountered a significant challenge, KYC regulations. It seems that achieving anything beyond obscurity requires some level of KYC compliance to operate legally. This requirement appears to contradict the anonymity I aim to offer. If I can’t ensure privacy and anonymity for my customers, at least online, I’d rather not pursue this project.
I have a few questions:
- Is there a way to avoid KYC requirements without breaking the law, particularly as I plan to launch in the U.S. first, with potential international expansion later?
- How can I defend against money laundering accusations commonly associated with Monero, while maximizing user security and anonymity?
- What products would you like to see on this platform?
Your advice and suggestions are not only invaluable to me but also crucial for the future of commerce in the Monero community.
TLDR: Developing a Monero-based anonymous e-commerce site but faced with KYC challenges that threaten user anonymity. Seeking advice on legal operation without KYC, avoiding money laundering accusations, and product preferences.
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