From c4d3b16e79ca05bafe15dd93c71b156de1154428 Mon Sep 17 00:00:00 2001
From: Christian Grothoff <christian@grothoff.org>
Date: Fri, 19 May 2017 23:19:36 +0200
Subject: mention KYC explicitly

---
 doc/paper/taler.tex | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

(limited to 'doc/paper/taler.tex')

diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex
index c6a699e8d..4a9299a62 100644
--- a/doc/paper/taler.tex
+++ b/doc/paper/taler.tex
@@ -654,8 +654,8 @@ transfer that funds the customer's withdrawal of anonymous digital coins.
 We believe this may even be desirable as there are laws, or bank policies,
 that limit the amount of cash that an individual customer can withdraw
 in a given time period~\cite{france2015cash,greece2015cash}.
-Taler is thus only anonymous with respect to {\em payments}.
-In particular, the exchange
+Taler is thus only anonymous with respect to {\em payments}. So
+while the exchange does know their customer (KYC), it
 is unable to link the known identity of the customer that withdrew
 anonymous digital coins to the {\em purchase} performed later at the
 merchant.
-- 
cgit v1.2.3

