First Global Credit’s CEO Gavin Smith comments on digital currency exchange Bitstamp’s policy change and the issue of anonymity in the digital currency markets.
This week Bitcoin Exchange, Bitstamp, fulfilled a promised policy change of handing over to the authorities all details of all the unverified accounts on their system. Further those unverified accounts would be subject to seizure of assets. The company had pre-warned its customers in September 2013 and had gone through a 13 month program of informing them of the pending change. However, despite this action the digital currency forums are today loaded with complaints about the company seizing their bitcoins.
Read more on Coin Telegraph.