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Bitstamp imposes KYC for Dutch traders withdrawing to external wallets

Digital asset exchange Bitstamp has reportedly banned Netherlands-based users from withdrawing crypto to external wallets without first verifying they own the receiving address.According to a letter authored by Bitstamp that was shared on Twitter by user “Bitcoin Marcus,” Bitstamp’s users in Holland must now submit third-party addresses alongside photographic evidence

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This Elusive Malware Has Targeted Crypto Wallets for a Year

Operating for a year now, insidious malware ElectroRAT is bringing 2020 into 2021 and targeting crypto wallets.A researcher at cybersecurity firm Intezer has identified and documented the inner workings of ElectroRAT, which has been targeting and draining victims’ funds.According to the researcher, Avigayil Mechtinger, the malware operation includes a variety of

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4 reasons why the top 15 richest Bitcoin wallets still matter in 2021

Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating

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Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says

The U.S. Treasury Department’s proposed rules which would require users to comply with KYC requirements if they seek to send their crypto to a private wallet could end up being ineffective, according to blockchain analytics firm Elliptic. In its published response to the rule, Elliptic said that the rules could “adversely

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Treasury proposes rule to monitor crypto going to self-hosted wallets

The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets.In a Friday evening announcement, the Treasury's Financial Crimes Enforcement Network, or FinCEN, announced proposed rules requiring registered crypto exchanges to verify the "identity of their customers, if a counterparty

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