kyc

Blue
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
The firm offers products to help with know-your-customer and money-laundering checks.
Blue

Police tape Shutterstock
Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Violations
Authorities say they have evidence a Nexo user has been officially declared a terrorist financer.
Police tape Shutterstock

Lianhao Qu via Unsplash
Privacy Isn’t Just an Edge Case for Crypto
Financial privacy is useful for dissidents in extreme situations. But nobody should have to justify keeping their personal lives private, says our columnist.
Lianhao Qu via Unsplash

CDCROP: Shadows of people walking extended on the street. (Unsplash)
Crypto Exchange Binance to Issue 'Soulbound' Tokens to Users Who Complete Know-Your-Customer Checks
The tokens will allow users to participate in building projects on the BNB chain.
CDCROP: Shadows of people walking extended on the street. (Unsplash)

dYdX scraps promo after liveness check backlash (Bernard Hermant/Unsplash)
Decentralized Crypto Exchange dYdX Scraps Promotion Amid 'Liveness Check' Backlash
The exchange wanted to prevent users from farming the promo across multiple accounts, but the promotion also raised questions about decentralization.
dYdX scraps promo after liveness check backlash (Bernard Hermant/Unsplash)

CZ Speaks at Korea Blockchain Week (FactBlock)
Binance CEO Hits Back at 'Weak' KYC Claims
Binance has the most sophisticated know-your-customer system in the industry, Changpeng Zhao said.
CZ Speaks at Korea Blockchain Week (FactBlock)

Digital Assets, From Regulation to Innovation in Federal Policy, Consensus 2022 by CoinDesk, Austin Convention Center, Austin, Texas, USA - 10 Jun 2022
Unhosted Crypto Wallet Rules Will Allow Innovation, US Treasury Official Vows
Storing crypto anonymously outside regulated venues lets people bypass sanctions and anti-money laundering checks, Deputy Secretary Wally Adeyemo said at Consensus 2022.
Digital Assets, From Regulation to Innovation in Federal Policy, Consensus 2022 by CoinDesk, Austin Convention Center, Austin, Texas, USA - 10 Jun 2022

Monkey man holding digital tablet
Please Don’t Buy a ‘KYC’d’ Wallet for the Bored Apes Team’s Otherside Mint
Yuga Labs’ long-awaited “Otherside” NFT sale has spawned a secondary market for specially registered Ethereum addresses. Caveat emptor.
Monkey man holding digital tablet

Corruption
Don’t Blame Crypto for Corruption
An IMF study suggesting crypto is facilitating corruption is off target.
Corruption

(Getty Images)
Crypto Should Disrupt Current Anti-Money Laundering Practices, Not Adopt Them
Modern know-your-customer, anti-money laundering regulations are ineffective; crypto represents a better option to address this problem.
(Getty Images)