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Localbitcoins to Introduce New User Verification Rules

Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. Also read: 3 Technical Proposals for Increasing Bitcoin’s Privacy P2P Exchange Localbitcoins

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The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency

In Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase

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BTC-e Successor Wex Loses .nz Domain

Wex, the digital asset trading platform that inherited the now-defunct BTC-e exchange, has lost its wex.nz domain. According to New Zealand’s Domain Name Commission (DNC), the internet address was registered with fake contact details. Wex users have complained that they are unable to withdraw their funds from the platform.

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