Cryptocurrency exchange Bitfinex steps up its KYC game

Leading cryptocurrency exchange Bitfinex has strengthened its KYC compliance procedures in an effort to bring all its customers on the same page and crank up the due-diligence methods. One of the most controversial yet widely used cryptocurrency exchanges, Bitfinex, is known for its advanced and margin trading platform and some of the most efficient over the counter services available in the cryptocurrency market today. And although its legal scuffle with the New York Attorney General (NYAG) over illicitly exploiting Tether stablecoin reserves is not over yet, it is leaving no stone unturned to ensure that its services are not misused,