Bitcoin BitMEX Blockchain crypto Currency Fintech Fraud United States
BitMEX Exchange Accelerates Traders Identity Verification Program BitMEX Exchange Accelerates Traders Identity Verification Program By Luke Bailey 2 hours ago Cryptocurrency 0 Comments Know-your-customer (KYC) policies are one of the compliance programs essential for cryptocurrency exchanges, primarily for curbing money laundering. The BitMEX exchange isnࢀ™t known for effectively enforcing KYC measures before users can trade cryptocurrency. This may have contributed to the recent charges brought against the exchange of United States government agencies, including the Department of Justice. However, the KYC-free days will come to an end soon. The exchange is making changes to hasten the timeline for customersࢀ™ verification….
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