LocalBitcoins to Comply with European Union's New Anti-Money Laundering Laws

Crypto Globe Mon, 11 Feb 2019

LocalBitcoins, the world’s most widely-used peer-to-peer (P2P) crypto exchange, is reportedly planning to introduce new requirements related to identity (ID) verification for users of its trading platform. The Helsinki, Finland-based crypto firm has stated that it’s working with local regulatory authorities, in order to implement the European Union’s (EU) newly proposed anti-money laundering (AML) regulations.