Post
Topic
Board Exchanges
Merits 1 from 1 user
Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
Pmalek
on 02/04/2025, 09:15:11 UTC
⭐ Merited by JayJuanGee (1)
Have you guys seen the new rules based in MiCA regulations for bitstamp?

https://www.bitstamp.net/faq/how-does-the-travel-rule-in-the-eu-affect-me/

Basically you need to verify ownership of addresses that you withdrawal to and give informations about where you deposit from. For each new address.
I have heard such horror stories already. First, exchanges just asked for basic information about the owner of the address you deposited from or the one you want to withdraw to. I guess they figured out that people are giving them fake names and this is a step up from that. What a load of bull crap and excuses to get as much data as they can from crypto owners that they can later sell and share with any institution that asks.