New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin

New Dutch Law: Clients Must Explain Why They Want To Buy BitcoinNetherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also need to inform the exchange officials of the […]

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Localbitcoins Updates ToS: ‘Some Situations May Require ID’

Localbitcoins Updates ToS: 'Some Situations May Require ID'Just recently news.Bitcoin.com reported on traders who exchanged “significant” trade volume using the peer-to-peer platform, Localbitcoins, by receiving warnings to upload their identity before they could proceed trading. Now the Localbitcoins organization has updated its terms of service agreement which comes with a few new guidelines concerning ID verification and data retention. Also read: Markets Update: Cryptocurrencies […]

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University College London Fights CV Fraud via Bitcoin Verification

University College London Fights CV Fraud via Bitcoin VerificationImagine getting treated by a doctor with a fake diploma, or losing a job to another candidate who faked his resume. Unfortunately, such cases are all too prevalent these days in various parts of the world where proper documentation verification is too cumbersome or too costly. However, bitcoin might provide the answer to making sure […]

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Coinbase Withdrawal Delays Leave Users Frustrated, Crying Foul

Coinbase Withdrawal Delays Leave Users Frustrated, Crying FoulWhen you are dealing with platforms that are supposed to be the on-ramps to the money of the future it’s hard to accept worse performance than the systems of the past. Unfortunately, this an issue plaguing all major cryptocurrency exchanges at the moment with Coinbase being one of the leading examples right now. Also Read: […]

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