Why do I sometimes need to provide the recipient’s information when withdrawing funds to another platform?
First, some background: The EU’s Markets in Crypto-Assets Regulation (MiCA) entered into force in June 2023, and its rules on stablecoins have applied since June 30, 2024.
Why this is the case: Regulatory requirements change as the industry develops, and implementation timelines vary by region. Please refer to the official regulations in your jurisdiction for the specific requirements.
Many countries and regions have brought trading services for crypto-assets such as $BTC under their anti-money laundering frameworks. Current price: 67081.83.
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