Dutch Bitcoin firm reluctantly tightens rules at central bank's behest
Cointelegraph
Published Nov 18, 2020 07:41AM ET
Updated Nov 18, 2020 09:20AM ET
Bitconic, a Netherlands-based Bitcoin (BTC) exchange, has informed its users that they now need to comply with a new verification measure in order to continue to use their services. The change comes following new requirements from the Dutch central bank, which were published in Nov. 2019 and stipulate that:
Bitonic has informed customers that they must now, therefore, provide additional details, including which kind of wallet they use. They must also verify that they are the "legitimate" controller of the Bitcoin address they provide to make withdrawals from Bitonic. To do this, they need to upload a screenshot from their wallet or sign a message.
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Written By: Cointelegraph
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