Post
Topic
Board Bitcoin Discussion
Re: New KYC rules for crypto wallets
by
eaLiTy
on 19/12/2020, 12:56:01 UTC
But this will be forced to be implemented on coinbase and other regulatory exchanges. Anyone knows if binance would be liable to obey these new regulations ?  Sad
Wallets like Coinbase and Xapo implemented KYC a few years back, i do not remember whether i voluntarily completed or they enforced as it happened a few years back and you should expect strict rules being implemented in every cryptocurrency related business and there are proposals from the EU to implement strict KYC by exchanges without the loophole to withdraw minimum amounts and we should expect the same in other cryptocurrency related business as well.