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Musings for enhancing Exchange trust and security


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With the continuous and rising incidents in hacks, would it not make sense for an exchange to bolster confidence by stipulating that any account with a net value of $1000 or more MUST be validated? Any account that reaches this arbitrary limit is frozen until validation is confirmed?

Just a thought. Personally I have no reason to not be validated and the same likely goes for 99% of the crypto crowd. 

Maybe it doesn't solve anything, but for me it would be nice to know that every account of value on an exchange has an identity associated with it. 

Too draconian?

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