Bitfinex issued an email to some of its users today stating the changes in policy. This is a major shift for the company which was known to be lax regarding user information.
Some users have taken to Twitter and other social media platforms to protest prompting the company to respond. A copy of the Tweet can be seen below.
Bitfinex is a full-featured spot trading platform for major digital assets & cryptocurrencies, including Bitcoin(BTC), Ethereum, EOS, Litecoin, Ripple, NEO, Monero and many more. Bitfinex offers leveraged margin trading through a peer-to-peer funding market, allowing users to securely trade with up to 3.3x leverage.
Bitfinex is now requiring users to give their tax information so that it can send it to BVI which will exchange it with your country's tax authorities.
We strongly disavow.
If you also disagree with this decision, peacefully protest it by withdrawing your money from Bitfinex pic.twitter.com/VkYchg3sqg
— Whalepool (@whalepool) May 17, 2018