These are very interesting times for the cryptocurrency industry as a whole. Some big changes loom ahead which need to be overcome in quick succession. The first change will require virtually all cryptocurrency exchanges to verify all users’ identities if they are sending or receiving over $1,000 in assets. Ending Anonymous Transactions Anyone who has used a cryptocurrency exchange in this day and age will be familiar with user identity verification procedures. Known as KYC, it is a very common method already employed by nearly all self-respecting cryptocurrency trading platforms around the world. Those who do not utilize this method
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