New cryptocurrency regulations are being introduced, and the measures become stricter. This is what the customer of one of the biggest crypto-exchange, Bitfinex, already feel. Recently, Bitfinex has submitted a letter to users, where it notifies, that from now, some financial and personal data of the users will be disclosed to government and tax authorities.
The exchange administration explains, that they haven’t sent the message to all users, but only to those users, who, they believe, need to self-disclose. If a user hasn’t received the letter, he doesn’t need to provide additional data. The deadline for additional data provision is the 24th of May.