Live at 4pmEST
No More KYC with ShapeShift!
Shapeshift used to be the go-to place for anonymously transferring between cryptocurrencies.
In 2018 a surprise move shocked the crypto community: Shapeshift was forced to run advanced surveillance on users, like all other exchanges. This practice which is forced on companies is not only ineffective, but also unethical and dangerous. It is warrantless collection and surveillance of personal, private information of innocent individuals.
But today Shapeshift said "no more."
They are ending KYC, and customers will now trade with decentralized protocols.
The future is decentralized, and Shapeshift is embracing it.
Erik Voorhees discusses the battle Shapeshift has fought over the past few years, and what the whole crypto space will face going forward.
Live at 4pmEST
If you would like to send a message or question to be read on the show, visit https://cointr.ee/naomibrockwell
Sign up for the members-only newsletter here and get access to exclusive content by becoming a member of NBTV!
https://Naomibrockwell.com/memberships
Sign up for the free cryptobeat newsletter here:
I wonder if they will add dex support for BCH too (in Shapeshift). Combining it with local.bitcoin.com will basically mean that you can turn any amount of any cryptocurrency to fiat without KYC. Amazing.