Platforms offering merchants with the chance to change cryptocurrencies have more and more began to apply registration necessities. In lots of instances, these are justified on the idea of newly launched KYC and AML laws. Fortunately, there are nonetheless exchanges that permit customers to swap digital cash with out requiring a verified account.
Additionally learn: Coinsquare Lays off 40 Workers in a Troublesome Month for Crypto Exchanges
Shedding the Steadiness, Once more
The query concerning the steadiness between privateness and transparency predates the start of Bitcoin. Decentralized digital currencies got here into existence partly as a response to the pattern of economies and societies transferring in a cashless path, which threatened privateness. In a means, they reintroduced the idea of money, with its relative anonymity, into the digital house, and never on the full expense of transparency per se.
This new steadiness has been challenged. Crypto exchanges these days…