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Nalezeno "kyc": 549

OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023

6.10.2023
Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards

UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank

6.10.2023
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government

Crypto KYC Regulations Expected to Get Stricter, Says Bitget Managing Director

12.9.2023
Gracy Chen, Managing Director at crypto exchange Bitget, has indicated that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future. Speaking in an interview with crypto news outlet The Block published on Monday, Chen suggested that crypto exchange...

Bitget exec says KYC is useful to filter out illegitimate users

12.9.2023
Bitget managing director Gracy Chen said that if users are not doing illegitimate activities like money laundering, they should be "pretty comfortable" with the KYC process

Can KYC and Permissionless Money Co-exist? Not According to This Crypto Influencer

24.8.2023
In light of the recent arrest of the founders of Tornado Cash, a decentralized private payments protocol built on top of the Ethereum network that severs the link between sending and receiving wallets, some are questioning whether Know Your Customer (KYC) laws and permissionless money can co-exist....

Crypto Derivatives Exchange Bitget Makes KYC Necessary for New Users

21.8.2023
Cryptocurrency derivatives exchange Bitget announced revised Know Your Customer (KYC) requirements to ensure compliance with global regulatory standards. The move comes as the crypto exchange aims to align its operations with recommendations from international regulatory bodies and to provide...

Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns

21.8.2023
Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions

Bitget mandates KYC requirements in line with tightening global regulations

21.8.2023
The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines

UK crypto businesses to comply with FATF Travel Rule beginning in September

17.8.2023
The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto

Ledger Taps Paypal for US Crypto Buys

17.8.2023
Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within the app using Paypal. Ledger Enables Paypal Payments...

iDenfy’s technology reinforces Alphawin’s KYC framework

16.8.2023
As the online platform industry continues to develop, it has become increasingly important for companies to adhere to strict Know Your Customer (KYC) protocols and accurately verify user ages. iDenfy, a leading identity verification solution provider, has risen to meet this demand with its advanced...

Revolutionizing Bitcoin Privacy: Samourai Wallet Unveils BTC to XMR Atomic Swaps

14.8.2023
In a pioneering move, Samourai, the privacy-focused bitcoin wallet, has revealed a BTC to XMR atomic swap feature aimed at revolutionizing onchain privacy in Bitcoin. Addressing the widespread issue of tainted change, also known as leftover unspent transaction outputs (UTXOs) remaining from...

Binance Japan to Use KYC Services From Liquid

13.8.2023
The world’s leading cryptocurrency exchange, Binance, has selected Liquid as an identity verification partner for its Japanese platform. The services of the Tokyo-headquartered biometrics firm will allow Binance Japan to ensure its know-your-customer (KYC) procedures comply with Japan’s strict...

Identity checks on crypto exchanges at risk as AI deepfakes evolve

9.8.2023
Once HeyGen’s AI-generated digital avatar is available to the public, users would be able to create a video with a real life-like digital avatar in just two minutes

Identity Verification in Crypto: Addressing the Clash Between Blockchain Anonymity and KYC Compliance

8.8.2023
Financial privacy and anonymity online have been among the key principles of blockchains since Satoshi Nakamoto first unveiled the Bitcoin white paper, but recent actions from regulators have put this principle under pressure. To better understand regulatory actions, listening to what regulators...

Paypal USD: Boon for Ethereum but not decentralization, says community

8.8.2023
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC

Crypto Assets Held in Self-Custody Wallets Have ‘a Non-Zero Chance’ of Getting Stolen — Fairside Network CEO

4.8.2023
According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when assessing digital asset risks as well as “the absence...