Europeans now have a new option to convert Bitcoin and other crypto assets into fiat without having to undergo identity verification. To make this possible, Swiss service Bity integrated with MyEtherWallet to enable the seamless transition of funds between MEW wallets and Bity accounts. Swiss Crypto Firm Sheds KYC Requirements for $5,000 Purchases Bity supports movements of up to 5,000 CHF (roughly $5,000) without a KYC verification process. According to a press release, Bity is a totally legal service under Swiss laws. The company writes: “Bity is able to offer this KYC-less Exit-to-Fiat gateway because it is compliant with the Swiss
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