LocalBitcoins will introduce a new system of customer verification
Source:
The team of the exchanger is prepared to integrate the new system to verify the identity of their users. Recently the company has announced its cooperation with financial regulators of Finland, who will help run the new EU rules against money laundering on the basis of LocalBitcoins. Why is it important and what do the users of the CIS?
thethe Crypt under the law
On the website LocalBitcoins, a new post explaining why the coming changes in the rules of the exchange so important for everyone. We will remind, in July of 2018 members of the European Commission was adopted fifth Directive on the prevention of money laundering (5AMDL). In addition to Fiat, the list 5AMDL entered cryptocurrency, cryptogenic and custody services.
Until January of 2020 EU member States must carry out all necessary reforms to 5AMDL launched in all the countries of the Union. LocalBitcoins is based in Finland, the government has already started preparations for the amendment of existing legislation against money laundering.
The company argued that LocalBitcoins was the first cryptoblepharus, which began close cooperation with local financial regulators. The mission of the developer «to promote Bitcoin everywhere». The service manual confident that the new rules confirm the identity will be useful for fundamental traders and investors.
source: the Journal
It is Noteworthy that the exact changes to the existing rules have not been announced. While they are in development, but should give a «major changes» in work LocalBitcoins. We will remind, last month the company at the center of a major scandal due to a hacker attack.
Representatives of the service's promise to keep its customers informed and send them the latest news. You can also learn by subscribing to our .
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