#KYC

Highlights: BitMEX admits guilt in breaching the Bank Secrecy Act. Despite claiming to leave the US market, the exchange actively solicited American traders. In 2022, three BitMEX co-founders pleaded guilty to violating AML laws under the BSA. Crypto exchange and […]

Highlights: KuCoin will implement a 7.5% VAT on transaction fees for Nigerian users starting July 8, 2024. The VAT applies to transaction fees, not transaction amounts, affecting users with Nigerian KYC information. This move follows Nigerian government’s increased scrutiny of […]