Tag: KYC
Apple KYC glitch on Bybit draws swift executive response to recover $100K
Cryptocurrency exchange Bybit said it had involved team members, including an executive, to fix a glitch that affected a single user who could not go [...]
KYC Uniswap integration deployed by PureFi, but not everyone is convinced
Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering (AML) integration [...]
After Binance’s Costly Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules?
Bybit, Bitget and OKX, three of the largest cryptocurrency exchanges, all prohibit traders from the U.S., where the companies are not licensed. Yet in [...]
Polymarket’s Probe Highlights Challenges of Blocking U.S. Users (and Their VPNs)
Aaron Brogan, a crypto industry lawyer, said that hypothetically, a company could strengthen IP address blocks by incorporating GPS data from users' m [...]
Preparing for DeFi Regulation: The Role of Portable KYC
As regulators scrutinize DeFi more closely, participants need to improve compliance around AML and KYC and make the process easier for customers, says [...]
Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing
Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas. [...]
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
Prime Brokers act as intermediaries between institutional investors and the market, offering services such as custody, trade execution, risk managemen [...]
It’s Time to Scrap AML/KYC Entirely
It’s Time to Scrap AML/KYC Entirely
www.coindesk.com [...]
KYC hook for Uniswap v4 stirs community controversy
A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The hook enables users to b [...]
OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023
While some areas of the crypto space focus on privacy and anonymity, others focus on raising the standards within the space and on bringing in traditi [...]
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
The United Kingdom has an opportunity to capitalize on the departure of Web3 firms leaving the United States due to regulatory uncertainty. But to ach [...]
Bitget exec says KYC is useful to filter out illegitimate users
Crypto exchange Bitget has grown significantly despite the challenges brought by the bear market. In 2023, the exchange announced two $100 million fun [...]
Crypto Exchange Bitget to Tighten Know-Your-Customer (KYC) Requirements Starting Sept. 1
From Sept. 1, new customers will have to complete level 1 KYC verification, which involves submitting an identity document like a passport and complet [...]
Bitget mandates KYC requirements in line with tightening global regulations
Seychelles-based cryptocurrency derivatives exchange Bitget is updating its Know Your Customer (KYC) requirements for users to stay in step with globa [...]
The Sandbox implements KYC measures for protocol staking
Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The [...]