Poloniex Enforced KYC and Limited Accounts to $2,000 Withdrawals.
Poloniex has started enforcing its new KYC policies announced backed in December, even blocking some users accounts. Some of the Reddit community have expressed their dismay while others support the new changes.Poloniex has recently started blocking accounts which have not complied with their new KYC policies. While this isn’t surprising news — Coinbase has had KYC policies from the beginning, — some users are still holding onto the ‘decentralized, anonymous’ dream.Users agree this has been in the pipeline ever since Circle acquired Poloniex last year. Circle’s focus has been on consumer protection and self-regulation from its inception, so they’re just doing what they do best.
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