Logo


Bitcoin Legitimized in EU Following New KYC Regulations

  • Published on: May 16, 2018 - 7:12 PM
  • Source: Bitcoinist

Bitcoin Legitimized in EU Following New KYC RegulationsBitcoin is set to find new legitimacy in the European Union as member states agreed to force cryptocurrency exchanges within its jurisdiction to collect identification data on their users in an effort to prevent money laundering.  Legitimizing Bitcoin and Cryptocurrency in the EU Both cryptocurrency exchanges and online wallets operating in the European Union’s jurisdiction are now required to carry out the exact same know-your-customer (KYC) checks as traditional banks. The regulatory move comes as the European Union continues its widespread attack — which also sees changes and regula …

Read More


More Bitcoin News

Deutsche Boerse: We Are ‘Deep At Work’ Examining Bitcoin (Coin Telegraph)
Switzerland Seeks Study on Issuing E-Franc Cryptocurrency (The Merkle)
Singapore Injects Good Vibes for Decentralized Exchanges (Cryptovest)
China Determined to Dominate the Blockchain Industry (Bitcoinist)
NEXT BLOCK Conference Lives up to Expectations, Unlocking the (Cryptovest)
CoinJar Launches Crypto Exchange with AUD Markets (The Merkle)
Blockchain Skills? Hired! $120,000+ Plus Bonus! (Bitcoin.com)
IBM to Hire Blockchain Researchers for French Expansion (Coindesk)
CFTC Introduces Guidelines for Issuing Cryptocurrency Derivatives (The Merkle)
DATx (DATX) Gets Listed On KuCoin (Bitcoinist)
A Hands-On Review of the Keepkey Hardware Wallet (Bitcoin.com)
Leading ICO Launchpad TokenMarket Becomes Member of the AMLT (Bitcoinist)
AI-Based Youtube Bitcoin Explainer Trained By Real BTC Guides (Coin Telegraph)
PR: Former Huobi CTO Zhang Jian Launches FCoin, Gaining (Bitcoin.com)
Major Japanese Fintech Company Reveals Plans to Launch Crypto (Coin Telegraph)
Israeli Bitcoin Chair: Solution To Blockchain ‘Cargo Cult’ Is (Bitcoinist)
Verge Begins Making Inroads in the Healthcare Industry (The Merkle)
Robert Corriveau on Gavel Coin: the Future of E-Commerce (Cryptovest)
Philippines Economic Zone Welcomes Cryptocurrency Startups (Coin Journal)
Brian Kelly Claims Bitcoin Cash Is a “Must-Own” (The Merkle)
Chinese Officials Shut Down $50m Cryptocurrency Scam (Live Bitcoin News)
South Africa: Gang Kidnaps 13 Year Old Boy, Demands Ransom of 15 (Coin Telegraph)
Markets Update: Stormy Weather Continues to Plague Cryptocurrency (Bitcoin.com)
Overstock.com’s t0 to Launch Regulated Security Token Exchange (Bitcoin.com)


Frontpage