# Korean crypto exchange Upbit to halt withdrawals for unverified users

# Korean crypto exchange Upbit to halt withdrawals for unverified users

“# Korean crypto exchange Upbit to halt withdrawals for unverified users ” South Korean cryptocurrency exchange Upbit will soon halt services for unverified users. On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements. According to the announcement, Upbit will…

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# Bitcoin got stronger despite government crackdowns, says Edward Snowden

# Bitcoin got stronger despite government crackdowns, says Edward Snowden

“# Bitcoin got stronger despite government crackdowns, says Edward Snowden ” Edward Snowden has touted the antifragility of Bitcoin (BTC) despite increasing regulatory scrutiny on cryptocurrencies around the world. Tweeting on Sunday, the former Central Intelligence Agency (CIA) agent stated that Bitcoin has gotten stronger on the back of government bans and anti-crypto policies. Snowden’s…

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# Brazil aims to tighten penalties for crypto-related financial crimes

# Brazil aims to tighten penalties for crypto-related financial crimes

“# Brazil aims to tighten penalties for crypto-related financial crimes ” Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto. Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies…

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