Anonymity Is No Longer Welcome In Europe
Crypto Exchange Poloniex has toughened its policy concerning users’ privacy, who are now unable to trade before their accounts are verified. The KYC (Know Your Customer) procedure was announced in December 2017, yet not all users paid proper attention to the exchange’s recommendation to withdrawal their resources. From now the withdrawal limit is $2000 per day
EU has issued a law that regulates the crypto industry and deprives it of anonymity, thus turning it upside down from total namelessness to transparency.