Study Reveal 68% of Exchange Not KYC Compliant

Crypto Exchange KYC News

A study conducted by the analytics house P.A.I.D Strategies revealed there are more than two-thirds of cryptocurrency exchange based in U.S and Europe that are not following the requirements of “Know Your Customer” (KYC). Previously, the European Parliament’s Committee on Economic and Monetary Affairs has decided that both cryptocurrency exchanges and wallet providers are compulsory to identify their users.

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