Re: Why Local bitcoin trading site doing KYC NOW

Quote from: Slow death on July 16, 2019, 04:42:13 PM

according to them:

Quote from: https://cointelegraph.com/news/localbitcoin-loses-traders-after-cash-trading-ban-not-very-local

adapt to the current regulatory environment.

LocalBitcoin Loses Traders After Cash Trading Ban: 'Not Very Local'

they have no choice, they should ask their clients to do KYC

Quote from: Ambucrypto369 on July 16, 2019, 04:32:11 PM

already we facing various issues from government sides...

yes, now that we are facing governments

With this development, we are expecting that they are fully complying with the laws mandated for crypto exchanges, right? There's one benefit in this scenario. Traders or crypto users will be confident that they are dealing with legit traders as well. It is like a protection also for them.