Sure, do you prefer accounts frozen like MtGox?
I have to agree with him.
You are free to not verify your account, and stop using bitstamp, but if you want a sustainable exchanger, it has to be legal and follow rules.
Topic: Bitstamp is proactive about compliance - page 2. (Read 5860 times)
I have to agree with him.
You are free to not verify your account, and stop using bitstamp, but if you want a sustainable exchanger, it has to be legal and follow rules.
As a business in the space, I feel it is essential to be compliant if you're in the US, or even if you are doing business with US citizens. As a consumer, I personally would not do business that did not take compliances seriously because then i would consider any data I gave to them to be compromised.
KYC is so important to any business who operates such as BitStamp
Totally for what they have done.
Totally for what they have done.
It's a good idea, since the state can squash any exchange it wishes if it suspects it of supporting "the bad guys"--usually terrorists or criminals of some sort. You do not survive by pushing against the state; you survive through adapting. That's the entire point of the state, I think.
Sure, do you prefer accounts frozen like MtGox?
Now to withdraw bitcoins from Gox and Bitstamp you have to be verified.
https://www.bitstamp.net/article/bitstamp-new-verification-requirements/
It seems that nobody asked them to introduce these changes. As they say "Bitstamp is proactive about compliance".
Is being proactive with state's requirements a good idea?
https://www.bitstamp.net/article/bitstamp-new-verification-requirements/
It seems that nobody asked them to introduce these changes. As they say "Bitstamp is proactive about compliance".
Is being proactive with state's requirements a good idea?
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