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Bitcoinist 2021-11-30 16:07:39

Blockchain Is Disrupting the Future of KYC, From Digital Identities to Shared KYC Frameworks



Know Your Customer (KYC) procedures play a fundamental role in the combat against money laundering and the financing of terrorism (CFT). According to a 2018 report by KPMG, banks spend close to $25 billion every year on financial crime risk management. Nonetheless, it is all for a noble cause, given the rise of financial crime […]

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