カテゴリー: KYC

Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance

Blockchain Surveillance Firm Partners With Cryptocurrency Exchange BinanceOn Oct. 17, the world’s largest cryptocurrency exchange by volume, Binance, announced a partnership with blockchain surveillance company Chainalysis. According to the exchange, Chainalysis has implemented a compliance solution that meets regulatory guidelines worldwide. Also read: Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus Binance Is Using Chainalysis for Compliance    According to a press […]

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Bitcoin.com Wallet Will No Longer Feature the Shapeshift Service

Bitcoin.com Wallet Will No Longer Feature the Shapeshift ServiceThis week we wanted to let our wallet users know that we are sunsetting the Shapeshift API in the Bitcoin.com Wallet. The trading platform Shapeshift has decided to change the firm’s business model to a membership platform that requires the user to submit ID/KYC information.  Also read: Bitcoin Cash Games — Play Your Favorites Faster With […]

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Op-Ed: KYC and Stringent Regulations Frustrate New Crypto Entrants

Op-Ed: Investment and KYC Regulations Frustrate New Crypto EntrantsThe following opinion piece on crypto regulations was written by Benjamin Pirus, a crypto trader who has written many articles for different ICOs, crypto news outlets, and clients. Government protection and regulations may provide reasons for thankfulness. But that doesn’t mean there aren’t significant frustrations and need for change in the current system. Regulation leads to […]

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Shapeshift CEO Responds to Wall Street Journal Laundering Claims

Shapeshift CEO Responds to Wall Street Journal Laundering ClaimsReporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism. The company’s CEO, Erik Voorhees, claims cooperation with the WSJ was obtained “under false pretenses.” He also charges the WSJ […]

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Bitpay and BTC.com Team: 1 Million Users Gain Access to $1 Billion Merchant Market

Bitpay and BTC.com Team: 1 Million Users Gain Access to $1 Billion Merchant MarketBTC.com has . announced its wallet will enable Bitcoin Improvement Proposal 70 (BIP-70) for payment transactions, which is especially helpful between customers and merchants, becoming an industry standard of sorts. The wallet has more than one million users, and with BIP-70 they will be able to buy products from popular processing platform Bitpay, which has […]

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PR: Coinsbit Launches Reliable and Safe Trading Platform

Coinsbit Launches Reliable and Safe Trading PlatformThe blockchain technology has recently gained a great popularity and there are unlikely people who haven’t heard about Bitcoin and cryptocurrencies. The more coins enter the market, the more trading opportunities should be provided. In this case, crypto exchanges come into play. CoinMarketCap has over 200 trading platforms in its rating list. In fact, there are over 500 exchanges to choose from. Coinsbit has looked at the existing trading platforms and marked out key features that reliable and safe crypto exchange should have.

Key features of a perfect exchange

The rules for any exchange in the market are simple: registered legal entity, high level of security for transactions and users’ personal data, customer support, low transactions fees, high speed of transactions and more.

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The Daily: Coinbase Explores Crypto ETF, Changelly Verifies Monero Traders

The Daily: Coinbase Explores Crypto ETF, Changelly Verifies Monero TradersUS exchange Coinbase is reportedly exploring possibilities to create a cryptocurrency ETF and we’ve covered the details in The Daily. Also, Bittrex announces fiat pairs for cardano and zcash, Changelly admits requesting KYC documents from clients trading privacy coins like XMR, and Monero developers find another bug. Also read: EU Urged for Common Crypto Rules, […]

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Four Alternatives to Shapeshift

Four Alternatives to ShapeshiftThe news that Shapeshift is to move to a full custodial model, requiring KYC for anyone who wishes to swap cryptos, has sparked a wave of protests. Many users have vowed to take their business elsewhere. For cryptocurrency holders seeking a non-custodial exchange, there are several Shapeshift alternatives to choose from, with varying degrees of […]

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Shapeshift Moves to Membership Model Requiring User Information

Shapeshift Moves to Membership Model Requiring User InformationNon-custodial crypto trading platform Shapeshift has introduced a membership program which will soon be mandatory. CEO Erik Voorhees explains that his exchange will have to begin collecting basic personal information of its users, and there will be five membership levels. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Shapeshift Membership Mandatory Soon […]

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Crypto Exchange Okex Introduces Stricter KYC Rules

Crypto Exchange Okex Introduces Stricter KYC RulesHong Kong-based cryptocurrency exchange Okex is enforcing tightened identity verification procedures. Daily withdrawal limits will soon depend on the KYC level passed by its users. The changes will apply to customers of Okex’s partnering platforms as well. Also read: Report: North Korea to Hold a Crypto Conference Withdrawal Limits to Depend On the Level of […]

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