Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC
Crypto derivatives exchange Deribit leaves EU to avoid new AML regulation, setting up shop in Panama while changing its KYC Go to Source Powered by WPeMatico
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Kraken Reveals 49% Increase in Law Enforcement Investigations
The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further evidence that exchanges are coming under intense scrutiny as global governments get tough on crypto. … Read more
Privacy Coins in 2019: True Financial Freedom or a Criminal’s Delight?
Privacy coins have earned a certain stigma due to the anonymity they provide, but what were these cryptocurrencies truly used for in 2019? Go to Source Powered by WPeMatico
Did 2019 Deliver on All That Was Promised for the Crypto Industry?
“The lack of a groundbreaking project that would have opened the eyes of skeptics is most disappointing.” Experts weigh up unfulfilled promises of 2019. Go to Source Powered by WPeMatico
Bitfinex Beefs-up KYC Requirements, Asks Users for Additional Info
Bitfinex adds additional information to KYC requirements Go to Source Powered by WPeMatico
A Bitcoin War Is Brewing Over KYC
Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From mining cartels to developer disputes, Bitcoin has faced a barrage of threats over the past decade. When it’s not internecine conflict taking its toll, it’s external forces including politicians and regulators seeking to exert control. … Read more
Utorg Exchange Grants Access to Traders With Limited Verification
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed а daily limit of $1,000. Its decision to provide … Read more
Poloniex Allows Up to $10,000 Daily Withdrawals for KYC-Less Accounts
Poloniex now allows users to withdraw up to $10,000 per day without confirming their identity Go to Source Powered by WPeMatico
Poloniex Restores Unverified Accounts With Unlimited Trading
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy access to unlimited trading and deposits. Also read: P2P Crypto … Read more
Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?
European crypto companies have a countdown clock on regulations kicking in on Jan. 10 next year. So how are they preparing? Go to Source Powered by WPeMatico