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.
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