Bitcoin businesses shapeshift admits

The instant digital asset exchange platform shapeshift has laid off one-third of its team because of the dramatic and severe crypto recession as well as being cautious in a challenging regulatory environment. Joseph young china restricts.

Vorhees noted business was declining from both aggregate market recession and increased competition. Miner on a gtx.

The instant digital asset exchange platform shapeshift has laid off one-third of its team because of the dramatic and severe crypto recession as well as shapeshift has laid off one-third of its team because of the dramatic and severe crypto recession and imposition of kycd accounts alongside increasing competition. Shapeshift is not the first company to feel the negative effects of 2018s prolonged bear market.

Our imposition of kycd accounts, themselves the result of trying to be cautious. Shapeshift admits imposition of kycd accounts hurt company financially bitcoin posted on january 9, 2019 bitcoin the instant digital asset exchange platform shapeshift has laid off one-third of its team because of the dramatic and severe crypto recession as well as being cautious in a.

Think about it bitcoin folks opposed to b2x are also likely to be bitcoin maximalists and thus have no need to even use an exchange service like shapeshift to begin with. Web summit conference.

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The main selling point of the shapeshift service was as an anonymous exchange of coins, so i think the introduction of kyc is closer to the reason why theyre struggling. Shapeshift admits imposition of kycd accounts hurt company financially january 9, 2019 business comments off on shapeshift admits imposition of kycd accounts hurt company financially the instant digital asset exchange platform shapeshift has laid off one-third of its team because of the dramatic and severe crypto recession as well as being cautious in a challenging regulatory.

One of the reasons for which shapeshift has reached a point where it had to lay people off according to its ceo is introducing know-your-customer (kyc) accounts. A tale of two christmases? Compare the neiman marcus fantasy catalog to a third world wish list.