BTC-e 30 Aug 2017 Update
Quote
The launch of the service will take place in 3 stages.
At the first stage , the old company (with which you have signed an offer contract) will prepare and transfer to the new company digital personal data of users, in full compliance with the European directives on personal data and in compliance with European legislation in this field.
Terms of transfer until 15.09.2017
In the second stage, the licensed financial investment company, assumes the task of restructuring the digital assets of the new company and registering digital data of users at home.
In the third stage, the licensed financial investment company will audit and register personal data in accordance with AML laws and KYC identification procedures.
In the future, this financial company will operate under its financial license both digital and monetary data.
In parallel with the legal issue of restructuring, users will be given the opportunity to check the integrity of the digital balance in the user's account, and users will be able to make changes in the security of the account. For chat and support, chat will be available.
For these purposes, the service will be launched on the old domain (btc-e.nz). You will be able to log in and check your balance before recounting.
Term before 02.09.2017
Since there is a risk of third-party access to account accounts and to protect users' digital balances, it is highly recommended that you update the security and identification settings. Instructions for these actions will be duplicated by a separate news item.
The helpdesk system will be operated by the licensed financial company after the start of the digital data transfer procedure. After starting the service from the financial company and in case you have difficulties with entering the account or there are inaccuracies in the balance, you can get help and answers through the ticket system.
The following information update will be released on 01/09/2017
If you have any questions we are ready to answer them.
How will the balances be recalculated?
This information will be published in the next updates.
What is the domain for the new service and what is the financial company?
This information will be published before September 15, 2017
At the first stage , the old company (with which you have signed an offer contract) will prepare and transfer to the new company digital personal data of users, in full compliance with the European directives on personal data and in compliance with European legislation in this field.
Terms of transfer until 15.09.2017
In the second stage, the licensed financial investment company, assumes the task of restructuring the digital assets of the new company and registering digital data of users at home.
In the third stage, the licensed financial investment company will audit and register personal data in accordance with AML laws and KYC identification procedures.
In the future, this financial company will operate under its financial license both digital and monetary data.
In parallel with the legal issue of restructuring, users will be given the opportunity to check the integrity of the digital balance in the user's account, and users will be able to make changes in the security of the account. For chat and support, chat will be available.
For these purposes, the service will be launched on the old domain (btc-e.nz). You will be able to log in and check your balance before recounting.
Term before 02.09.2017
Since there is a risk of third-party access to account accounts and to protect users' digital balances, it is highly recommended that you update the security and identification settings. Instructions for these actions will be duplicated by a separate news item.
The helpdesk system will be operated by the licensed financial company after the start of the digital data transfer procedure. After starting the service from the financial company and in case you have difficulties with entering the account or there are inaccuracies in the balance, you can get help and answers through the ticket system.
The following information update will be released on 01/09/2017
If you have any questions we are ready to answer them.
How will the balances be recalculated?
This information will be published in the next updates.
What is the domain for the new service and what is the financial company?
This information will be published before September 15, 2017
In the third stage, the licensed financial investment company will audit and register personal data in accordance with AML laws and KYC identification procedures
funny thing. Normally, a such audit will take months, maybe a year (depending of how many users they had). they must ask for notarized translated documents(they could be with apostille) and so on. it's a huge volume of work to identify a person according to the financial laws.
AML laws requires a financial company to know the source of the funds. how will you prove it? because you will have to in order to get your funds back.
Also, I am wondering what investment company will risk their license for the BTC-e shit
