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Author Topic: 2013-10-29 CNN: Bitcoin regulation? Exchange Coinfloor will worry about it later  (Read 997 times)
Arvicco
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October 29, 2013, 02:41:58 PM
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http://money.cnn.com/news/newsfeeds/gigaom/articles/2013_10_29_bitcoin_regulation_new_london_based_exchange_coinfloor_will_worry_about_that_later.html

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LiteCoinGuy
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October 29, 2013, 04:48:30 PM
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i hope they make at least AML and KYC rules, otherwise it would be stupid  Roll Eyes


edit:

It is also employing full electronic anti-money laundering (AML) and "know your customer" (KYC) procedures and engaging with the UK's Financial Conduct Authority (FCA) and Europe's Payment Services Regulations in order to convince people of the security and legitimacy of the platform.

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October 31, 2013, 03:32:23 PM
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According to TechCrunch, Coinfloor is associated with a well known Nefario of GLBSE infamy, so personally I would not touch it with a 100 foot pole:

http://techcrunch.com/2013/10/29/coinfloor/

Quote
Also of interest is that, while the UK startup is founded by Mark Lamb and Amadeo Pellicce, one of its team members is James McCarthy (aka Nefario) who was previously involved in Global Bitcoin Stock Exchange, which controversially shut down last October.

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