BitFlyer stiffens KYC process

Cryptocurrency Exchange KYC Market News

BitFlyer cryptocurrency exchange would be tightening its Know-Your-Customer process. The company declared the customer registering online to transfer crypto assets and make yen withdrawals, can do so by providing personal information and on receiving a confirmation letter in return. It is reported that the exchange faced criticisms from the financial regulatory body. The exchange moves to prevent money laundering activities.

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