Tag: KYC
Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here’s why
Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as [...]
Binance CEO Hits Back at 'Weak' KYC Claims
Binance has the most sophisticated KYC solution on the planet, CZ said.
www.coindesk.com [...]
First Binance soulbound token BAB targets KYC user credentials
Binance cryptocurrency exchange is moving towards decentralized identity tools by launching its first-ever token designed to certify verified user sta [...]
Binance Compliance Officer: KYC Cost Exchange ‘Billions in Revenue’
Three Binance compliance officers give a fiery response to allegations of illicit activity, sanctions evasion and darknet links.
www.coindesk.com [...]
The future of KYC in crypto
Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-scho [...]
Coinbase Users in the Netherlands to Face Additional KYC Hurdles When Pulling Crypto Off Platform
Coinbase told customers it is making these changes as "required by local regulations," an apparent reference to the Financial Action Task Force's (FAT [...]
Polygon Increases KYC Scrutiny of Potential Investments and Grants in India
Polygon is now requiring extensive customer details for prospective partners in India as regulatory scrutiny there grows, according to a source.
www. [...]
DEXs and KYC: A match made in hell or a real possibility?
Decentralized exchanges must figure out how to up their Know Your Customer compliance before the regulation [...]
What Is KYC and Why Does It Matter for Crypto?
KYC means "know your customer." It refers to a financial institution’s obligation to carry out certain identity and background checks on its clients b [...]
India has 4th largest foreign exchange reserves in world: MoS Finance
India currently has the fourth largest foreign exchange reserves in the world, Minister of State for Finance Pankaj Chaudhary told Lok Sabha on Mon [...]
Aave’s Push for Institutional DeFi Gets Second KYC Provider Proposal
Securitize, a technology provider for issuing tokenized securities, is bringing its system of identity verification to decentralized finance (DeFi) [...]
CZ reveals how many users left Binance after mandatory KYC
Major crypto exchange Binance took a compliance-friendly approach to its business after years of cat-and-mouse game with regulators around the worl [...]
Central Bank of Sri Lanka completes proof-of-concept KYC platform
A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, o [...]
Bithumb crypto trade reportedly bans foreigners with out cell KYC
South Korean crypto trade Bithumb has reportedly introduced a ban on foreigners who haven't accomplished phone-based Know Your Buyer (KYC) verifica [...]
How will regulatory troubles and necessary KYC impression Binance Coin (BNB) value?
Binance Coin (BNB) rallied 30% in two weeks, however the fourth largest cryptocurrency by market capitalization appears to be struggling to interru [...]