Bybit to introduce mandatory KYC requirements starting May 8
Users without Know Your Customer verification had a daily withdrawal limit of 20,000 USDT on Bybit prior to the announcement. Go to Source Powered by WPeMatico
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Ethereum researcher says staking reveals IP address sparking privacy concerns
A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user’s IP address information. Go to Source Powered by WPeMatico
T. Rowe Price, WisdomTree join Avalanche subnet for forex testing
If initial tests are successful, the firms will expand their activities into tokenized credit issuance and equities. Go to Source Powered by WPeMatico
Jane Street, Tower Research and Radix are Binance’s ‘VIP’ clients in CFTC suit: Report
The firms were cited anonymously in the CFTC’s complaint describing Binance’s alleged facilitation of U.S. clients. Go to Source Powered by WPeMatico
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity … Read more
Masa announces soulbound ID tokens for Coinbase’s Base Network
The token protocol can be used for a wide variety of applications, including membership badges, loyalty programs, decentralized captcha bots, and credit underwriting. Go to Source Powered by WPeMatico
DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say
Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs. Go to Source Powered by WPeMatico
Top 7 legal and compliance jobs in the crypto market
Explore essential skills for top legal and compliance jobs in the crypto market. Go to Source Powered by WPeMatico
Binance launches internal investigation following KYC bypass rumors
Following allegations that Binance employees and volunteers help users bypass KYC protocols, the crypto exchange says it is launching an internal investigation. Go to Source Powered by WPeMatico
Binance employees allegedly help customers in China bypass KYC controls
A new investigation claims that Binance’s billion-dollar security protocols are being manipulated by users around the world through inside help. Go to Source Powered by WPeMatico
