The growing popularity of Bitcoin is finally pushing governments and regulators to create a legal space for this new and disruptive industry. However, the new legal space is also bringing some additional responsibilities for Bitcoin startups, which — at times — feel too difficult to comply with. Among one such responsibility is following the prevailing anti-money laundering and know-your-customer laws.
Let’s face it: Bitcoin does have a strong foothold in criminal industry. Its secretive and […]