Binance battles with financial regulators around the world have been well documented with the crypto exchange forced to embrace a more friendly approach towards the demands of these regulators.Changpeng Zhao, the CEO of the company, in a recent interview with Bloomberg, revealed that this change of approach has aided the crypto company in retaining some of its users who … [Read more...] about Crypto exchange Binance lost 3% of its customers due to KYC demands
Demands
Dutch Bitcoin exchange fends off Central Bank’s verification demands for crypto users
Netherlands-based crypto exchange Bitonic today announced that a recent court order has convinced the Dutch Central Bank (DNB) to withdraw its demands for “unlawful and onerous” user verification requirements such as mandatory wallet screenshots.“After reconsideration, DNB comes to the conclusion that this interpretation of Article 2, second paragraph, RtSw, given by DNB, does … [Read more...] about Dutch Bitcoin exchange fends off Central Bank’s verification demands for crypto users