this post was submitted on 21 Mar 2024
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Privacy
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I use Monero for donations too on a regular basis. From what I understand, the people accepting donations would no longer be allowed to sell them to professional platforms (silly as those are the ones KYCing).
I think they would be. If they're operating as a business, the requirement is that their wallet(s) is at a custodian, so all transactions can be audited. You could still donate to that charity, and that charity would still be able to sell them or use them to buy stuff from another entity, but there would be a paper trail for the charity and the businesses they interact with. It doesn't impact the person donating, only the receiver.
That would make sense. Thx