Simplecoin

Simplecoin Will Shut Down due to new AML Directive in the EU

Regulatory measures continue to wreak havoc on smaller cryptocurrency firms. Simplecoin, a social crypto mining platform, is shutting down in early January of 2020.  Several crypto firms have been forced to take drastic action in recent weeks. The End is Nigh for Simplecoin Simplecoin simply follow suit in this regard. The company foresees problems with...
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Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations

Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We believe in the power of cryptocurrency and its potential. Mining should to be available to anyone...
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