Peer-to-peer Bitcoin trading platform Localbitcoins is causing controversy on social media after users complained about surprise anti-money laundering (AML) and know-your-customer (KYC) measures. AML/KYC: First Advertisers Now Everyone? A thread on the r/Bitcoin subreddit currently gaining significant exposure focuses on new obligations for Localbitcoins users wishing to advertise trades or who have βsignificantβ trade volumes. While the platform has not released official material regarding updates to its regulatory compliance policy it now appears that depending Read More The post Localbitcoins Now Demands ID For Significant Trade Volumes appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/bye-anonymity-localbitcoins-id-kyc/