CryptoBridge DEX implements mandatory user verification
CryptoBridge, a gateway to the BitShares decentralized trading platform, today announced that in the face of the 5th EU Anti-Money Laundering Directive (AMLD5), it will need to adjust its gateway services to pave the way for CryptoBridge moving forward. CryptoBridge will not have access to any user information other than UUID associated with successfully completed identity verification.
We are working closely with our partner Fractal who stores all user-submitted data with General Data Protection Regulation (GDPR) compliance measures in a European data storage facility. GDPR holds personal data privacy to a significantly higher standard than any previous national or international legislation and sets the bar very high for the handling of private data.
