KYC in Crypto: What is It & Why It’s Important – SEON
Approximately 56% of cryptocurrency exchanges lack Know Your Customer (KYC) verification, exposing them to fraud. This alarming figure underscores the critical role of KYC in crypto. It is essential for preventing money laundering and other illicit activities. For businesses and individuals, KYC in Crypto is a non-negotiable compliance requirement. Its significance extends beyond mere regulation, … Read more
