Dutch Crypto Exchange Adds Extra Verification Measures Citing ‘Disproportionate’ Central Bank Requirements
The exchange said it must now ask users for extra information such as the purpose of bitcoin purchases. Source
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Verification
Crypto Options Exchange Deribit to Require ID Verification for All Users by Year End: Report
Following a similar move by one of its rivals, popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of the year, according to a report by The Block. The largest crypto options exchange by trading volume will ask its users to submit
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BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls
BitMEX, which has been charged by the U.S. government and a regulator with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier than its original deadline of early February.Stronger identity verification requirements is an industry trend, said Ben Radclyffe,
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Mandatory KYC verification may contradict privacy laws in South Korea
With the South Korean government preparing to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, there is confusion among legal experts as to whether the requirements contradict other laws.According to Digital Today, the new requirements would contravene the existing Personal Information Protection Act, which stipulates that local companies cannot
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Channel Tools adds Blockchain-Driven Verification Service Evident Proof To It’s Kit
The post Channel Tools adds Blockchain-Driven Verification Service Evident Proof To It’s Kit written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics Channel Tools has added Blockchain to its technology stack with a strategic partnership with Evident Proof, a Blockchain company headed by
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Verisart Raises $2.5M to Expand Its Blockchain-based Art Verification Services
Verisart’s funding will be spent on extending the product and engineering team as well as launching a suite of premium services aimed at artists, galleries and collectors. Verisart is a platform designed to conduct certification and verification of artworks of different types which is carried out with the help of blockchain.
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Blockchain is the New and Improved ID Verification
Identity theft has been a serious issue in today’s digital world. Worldwide groups of hackers are breaching systems on a regular basis. Not just people’s individual identities are at stake, but as data are collected from these hacking attempts, they are also misused for further fraudulent acts. Blockchain has been
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