others have said KYC but the main reason is to keep the local currency flow dome... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

fendy3002 49 days ago | parent | context | favorite | on: Suica, Japan's First IC Transit Card

others have said KYC but the main reason is to keep the local currency flow domestically and to prevent money laundering.

Consider applying for YC's Winter 2027 batch! Applications are open till November 2.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact