Bitget to require tightened KYC process for all users from September

2023-8-21 13:00

Cryptocurrency exchange Bitget will upgrade its Know Your Customer (KYC) requirements starting Sept. 1 to align with global regulatory requirements, according to an Aug. 21 statement.

The Seychelles-based platform wrote that all newly registered users must complete basic KYC requirements to deposit and trade digital assets from Sept. 1. Users must submit government-issued documents and face recognition.

The firm continued that users who register before Sept. 1 are required to complete the process before Oct. 1. However, those who failed to complete the process before this set deadline would “only be able to withdraw, cancel orders, redeem subscriptions, and close positions, [and be] restricted from creating new trading orders.”

Bitget stated that it would verify its users’ identity for risk assessment purposes and to reduce risks for both parties involved. According to the crypto exchange, this process would help to create a secure trading environment.

Meanwhile, Bitget is the latest crypto exchange to reveal intentions to upgrade its KYC policy. In June, KuCoin said it would implement mandatory KYC checks for its users. At the time, the firm said the policy change was part of efforts to meet global compliance requirements and ensure the safety of its user assets.

Bitget integrates Copper’s ClearLoop network

On Aug. 18, Bitget also revealed that it had integrated Copper’s ClearLoop network to allow its institutional clients to perform off-exchange settlements.

Per the press statement, Bitget’s institutional clients can store their digital assets in Copper’s MPC (multi-party computation) wallet while enjoying rapid settlement when trading on Bitget.

Bitget stated that the integration would strengthen digital asset security, reduce counterparty risks and improve capital efficiency.

Gracy Chen, Bitget’s managing director, said:

“We noticed the growing demand for enhanced asset security and efficient trading solutions. Institutional clients can now benefit from this cutting-edge solution, further solidifying Bitget’s position as a global leader in the cryptocurrency exchange ecosystem.”

The post Bitget to require tightened KYC process for all users from September appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

KYC.Crypto (MIMA) на Currencies.ru

$ 0.0037959 (+1.36%)
Объем 24H $0
Изменеия 24h: 13.00 %, 7d: -89.45 %
Cегодня L: $0.0037959 - H: $0.0037959
Капитализация $0 Rank 99999
Доступно / Всего 0 MIMA / 104m MIMA

kyc requirements bitget sept users all aug

Источник: cryptoslate.com

kyc requirements → Результатов: 88


Фото:

Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers

Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising alarms in the cryptocurrency community about what the government could do with this […]

2021-5-3 15:30


Фото:

FinCEN Mulls Imposing Proposed Crypto Wallet Regulation, Crypto Community Reacts

On Dec 18, 2020, The Financial Crimes Enforcement Network (FinCEN), took a step closer to implementing its long-dreaded crypto wallet regulation. What Is the Proposal? Under the proposed rule, crypto exchanges would be obliged to make crypto users comply with know your customer (KYC) requirements when transferring their digital assets to personal wallets. FinCEN nowRead More

2020-12-20 16:00


дальше еще 39 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

CCData: Объем торгов на Binance превысил $100 трлн

Согласно аналитической платформе CCData, Binance продолжает занимать лидирующее место среди криптовалютных бирж. Совокупный объем торгов на площадке превысил $100 трлн, говорят цифры CCData.

Bitget: Фонд защиты биржи в июле вырос на 35%

Как сообщает Bitget, несмотря на волатильность рынка, фонд обеспечивает страховое покрытие в $407 млн, значительно превышающее первоначальные обязательства компании в размере $300 млн.

Группа криптокомпаний предложила создать официальный эмодзи для биткоина

Более 20 компаний, работающих с криптовалютами, создали международную инициативу «Биткоин заслуживает эмодзи» (Bitcoin Deserves an Emoji). Участники рынка требуют, чтобы на всех цифровых клавиатурах появился официальный эмодзи в виде символа исторически первой криптовалюты.

Bitget: Возглавляемые женщинами блокчейн-стартапы получают лишь 6% финансирования

Специалисты криптовалютной биржи Bitget проанализировали финансирование блокчейн-стартапов за последние два года и пришли к неутешительным выводам — в криптоиндустрии до сих пор практикуется гендерное неравенство.