top of page

Kraken Reportedly Implements New Verification Measures for UK Users’ Self-Custodial Wallets

Kraken has reportedly implemented a requirement for its users in the United Kingdom to verify their self-custodial wallets. According to a few recent posts, Kraken has commenced the implementation of this verification process, citing “regulations in the UK.” A snippet of the email shared by Van Straten outlined the necessity of maintaining current information about clients and their account activities concerning self-custody wallets. The cited email emphasized that self-custodial wallets are subject to scrutiny under UK regulations. Users were instructed to provide detailed information if they were not the owners or controllers of the specified wallets.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page