Crypto ETF issuer Fidelity says breach leaked data of 77K customers
Fidelity said personal information was stolen in a recent data breach but stressed that its customer accounts weren’t affected. Go to Source
personal information
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Pakistan Banks to Use Blockchain Technology for KYC
Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and self-regulated network. Banks of Pakistan Looking to Employ Blockchain for KYC Checks Pakistan Banks’ … Read more
Uniswap’s new privacy policy sees backlash from decentralization buffs
Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency. Go to Source Powered by WPeMatico
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy. Go to Source Powered by WPeMatico
These Exchanges Allow You to Purchase Cryptocurrency Without Knowing You
Platforms providing traders with the opportunity to exchange cryptocurrencies have increasingly started to apply registration requirements. In many cases, these are justified on the basis of newly introduced KYC and AML regulations. Thankfully, there are still exchanges that allow users to swap digital coins without requiring a verified account. Also read: Coinsquare Lays off 40 … Read more
Shapeshift Moves to Membership Model Requiring User Information
Non-custodial crypto trading platform Shapeshift has introduced a membership program which will soon be mandatory. CEO Erik Voorhees explains that his exchange will have to begin collecting basic personal information of its users, and there will be five membership levels. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Shapeshift Membership Mandatory Soon … Read more
