RE: Live in Mexico ? Now You Can Buy Bitcoin at Convenience Stores

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Live in Mexico ? Now You Can Buy Bitcoin at Convenience Stores

in bitcoin •  7 years ago 

Is there a mechanism like "know your customers" for the users?

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yes, Im from Mexico and I use this platform, to open an account you need all your personal information, and like all exchanges you can use it first without ID but if you wanna make bigger transactions you need to send your ID, even recently a new fintech law was approved to regulate cryptocurrencies and users. It is now a legal way of payment and even helps this law helps to improve the uses of sending money and receiving money abroad, and now bitso has more services, one of them is "kind of" western union service but way cheaper... : https://blog.bitso.com/ley-fintech-implicaciones-para-bitso-y-la-relaci%C3%B3n-con-sus-usuarios-57f5acfabc40?source=rss----3ff1d77a4cf1---4