The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant to “improve security compliance for all traders.”
Bybit Says Companies and Individual Clients Mandated to Complete Systematic KYC Policy by July 12
The cryptocurrency derivatives exchange Bybit plans to introduce a systematic KYC element to the platform by July 12. The exchange is letting customers know in various terms of service (ToS) updates. The firm will be applying the update next week and it applies to individual traders and companies as well.
“If your company wants to withdraw more than 2 BTC a day, you’ll need to complete KYC verification,” Bybit’s ToS update published on July 5 details.
Bybit finally adding kyc
— ∞ CO฿IE (@CryptoCobain) July 3, 2021
Documents show that Bybit Fi
Źródło: https://news.bitcoin.com/crypto-derivatives-exchange-bybit-to-introduce-stringent-kyc-policy/
