Coinbase Users in the Netherlands to Face Additional KYC Hurdles When Pulling Crypto Off Platform

Coinbase Users in the Netherlands to Face Additional KYC Hurdles When Pulling Crypto Off Platform

Coinbase told customers it is making these changes as “required by local regulations,” an apparent reference to the Financial Action Task Force’s (FATF) travel rule, which requires crypto service providers to exchange personal information of the senders and receivers in order to tackle fraud and money laundering.

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