I found in privacy policy of one particular exchange that it transfers data about me to credit organizations. Actually the same is true for banks.
In what cases do they do this thing? If I make big enough trade volume at exchange, say $50,000 for year, is this information transferred as well? I suppose it happens only if you do margin trading or something... don't know much about it, except that you take loans from brokers...
Yeah I realize $50k is not big for you
Since those exchanges are centralized and regulated, expect that they shared the same laws, terms, policies, regulations, etc. or something along those lines, just the same with the banks.
However, that data should just be transferred nor checked if a certain individual hit the
"alarm" or a certain tier or activity. That line of a statement in the Privacy Policy should have supporting details of all the information and not just it will state that it transfers data to
a) b) c) for a much clearer view to all users.