Cryptocurrency News Roundup for August 14, 2020
In a polarising move that has drawn mixed reaction from the company’s user-base, cryptocurrency exchange BitMEX announced today that it’s making KYC verification mandatory on the platform. The noises surrounding the move are hardly surprising given that privacy and easy-registration were two of the primary factors that contributed to the exchange’s growing popularity. Some BitMEX users are, however, in favor of the decision as it may help the exchange improve its security and appeal to would-be customers. All said and done, the u-turn into a conventional exchange underlines the impact