and once other exchanges start to go "bust" because they are failing in basic regulatory compliance, bitstamp will probably be the first option you will think pf to go to.
I got their KYC bullshit sometime last year as well. I replied to those questions, had to give some screenshots but the result was that I never been bothered since. I think if someone has nothing to hide, KYC is not an issue.
Cheers.
Great work Bitstamp on getting licensed!
I got their KYC bullshit sometime last year as well. I replied to those questions, had to give some screenshots but the result was that I never been bothered since. I think if someone has nothing to hide, KYC is not an issue.
Cheers.
Great work Bitstamp on getting licensed!
There seems to be a bigger share of people lately, who share your point of view. It is not that they want to adhere to these regulations... but more and more, that they do not have a choice. This is
where things get a little muddy... You should still be offered the choice to adhere to these regulations or opt for full financial privacy. If I signup for a clothing account, I willing relinquish some of my
privacy.. They know what I buy.. How frequently I buy stuff and more importantly, what I buy. For clothing... this is not that big an issue.. BUT when they have access to information on EVERYTHING
you buy, it creates some problems.... It becomes even a bigger problem, when THEY decide, what you can and cannot buy. As is the case with MANY regulated exchanges and online Bitcoin gambling.
