KYC

(Shutterstock)
28 Indian Crypto Service Providers Have Registered With Country’s Anti-Money Laundering Unit
In March, India's Finance Ministry mandated that crypto businesses will have to register with the Financial Intelligence Unit (FIU).
(Shutterstock)

Ramon Recuero, Kinto CEO and co-founder (Kinto)
Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M
Ethereum layer 2 Kinto network features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions.
Ramon Recuero, Kinto CEO and co-founder (Kinto)

ID verification involves submitting an identity document like a passport and completing facial authentication. (Ronlug/Shutterstock)
Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns
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.
ID verification involves submitting an identity document like a passport and completing facial authentication. (Ronlug/Shutterstock)

hi's Mastercard debit card (hi)
Animoca Brands Invests $30 Million in Crypto Payments Application Hi
In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.
hi's Mastercard debit card (hi)

(Shutterstock)
Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month
As of July 15, new customers will be required to complete identification checks to use KuCoin's services.
(Shutterstock)

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
BlackRock's views could carry extra weight in the ongoing battle over regulation in the industry.
BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

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Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC
Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to secure a Binance debit card, CNBC reported...
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(AstraProtocol.com)
Astra Protocol, Republic Crypto Fought Over a Press Release They're Both Mentioned in
Astra Protocol and Republic Crypto battled over contents of a press release they purportedly worked together on.
(AstraProtocol.com)

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5 Takeaways From Coinbase's 'Base' Layer 2 Chain Launch
A new Ethereum layer 2 built on the Optimism stack has been announced by Coinbase.
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