- Dec 10, 2019
Major cryptocurrency exchange Bitfinex has allegedly boosted its Know your Customer (KYC) requirements, by sending emails to its user to give additional information. Reportedly, the information is for boosting the identification process.
Additional personal data requested
A blockchain reporter noted that the major purpose of the email newsletter was to enhance Bitfinex due diligence processes and as well bring to the same level all its verified client accounts.