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ShapeShift’s new identity policy is tearing the cryptocurrency community apart

Wednesday, September 5, 2018 by Piyush Suthar | Comments

Home News Tech ShapeShift’s new identity policy is tearing the cryptocurrency community apart

Cryptocurrency exchange desk ShapeShift recently announced that it’s abandoning its “no accounts” model of trading, and the community is not impressed. ShapeShift currently allows users to trade digital assets on its exchange without having to register or signup, but it will soon require them to verify their “basic personal information” as part of its new “loyalty program.” It’s likely that the increasing regulatory hurdles are the reason behind ShapeShift’s decision, but the company hasn’t made any official statement on it. Instead, the company tried to mask the announcement under a “special benefits membership program” — except that the membership is…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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