Oh, right, I thought I read that they were given to the foundation and shawn was going to run them with time locked zec.
No, it is pretty much any company that needs to be audited for one reason or another it just so happens in this case it is for an IPO. Anywhere where numbers can be ‘fudged’ a kyc audit could be applicable. This is only a privacy issue for companies that produce single use cryptographic hardware (be it an HSM or a cryptominer)
They say Price Waterhouse Coopers (hopefully that is just an example. jeez imagine deloitte doing it. This is big league, it will filter down. it also gives the banking system an ‘in’ in the crypto world.
It is this post that made me ask for a public statement. Even if I am wrong, there must have been some discussion about it. This is a huge deal. much bigger than the asic thing.