Crypto Exchange Bitzlato Charged by U.S. Authorities with Money Laundering

wsj.com

7 pointswashedup2 comments

Never heard of Bitzlato and the founder may have had a direct hand in facilitating crime. What I want to know is, how does this affects best regular exchanges? Does it mean that every crypto exchange must support KYC?

The announcement video: https://www.youtube.com/watch?v=WELL8vFkl3Q&t=1s

Every crypto exchange that operates in a jurisdiction with KYC and AML requirements has KYC and AML requirements.

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