The Cardano founder claimed that crypto entrepreneurs must comply with regulations or use completely decentralized systems in the future.
KYC News

Know Your Customer, or KYC, compliance means collecting certain information from customers to confirm their identities and to comply with any regulatory requirements. These requirements can include aspects such as restricting access to citizens of a certain jurisdiction. Depending on the involved country, laws and regulations often obligate businesses to complete KYC processes.
KYC has become more common in the crypto space, in line with increasing regulatory overwatch. Binance KYC became a more significant talking point after the exchange announced in 2019 that it would ban customers of certain regions, such as the United States. KYC and AML, or Anti-Money Laundering — the process of verifying customers and the source of their funds — often go hand in hand.
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Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community.
2209 - Opinion
The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high.
2511 - News
TrueCoin’s internal systems were not impacted or accessed, and the company confirmed that the attack was an isolated incident and limited to a third-party vendor.
2290 - News
A hook that enables Know Your Customer verification on Uniswap v4 pools is fueling debates about DeFi’s future.
13931 - Interview
Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards.
1624 - News
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government.
3680 - News
The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.
14209 - News
The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto.
45873 - News
Once HeyGen’s AI-generated digital avatar is available to the public, users will be able to create a video with a real life-like digital avatar in just two minutes.
4284 - Thought Leaders
To balance increased regulatory scrutiny with smooth user experiences, cryptocurrency players are turning to comprehensive identity verification platforms.
16949 - News
A video shared by Worldcoin co-founder Sam Altman shows a long queue of people in Japan reportedly waiting to collect $50 worth of Worldcoin (WLD) tokens or 25 WLD.
16637 - Video
“ID is at the core of every activity so it's better to anticipate regulatory changes and build a compliant infrastructure from the start” — Lars Seier Christensen, founder of Concordium
16072 - News
KYC is an important measure for crypto exchanges to protect and recover user funds in the case of theft or hacking, KuCoin CEO Johnny Lyu said.
2528 - News
Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers.
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