Decentralising Cryptocurrency with KYC Initiatives
Melissa UK Team | Address Check, Address Verification, AML, eIDV, FinTech, Fraud Prevention, Global ID Verification, Identity Verification, United Kingdom
Cryptocurrency has proven to be a popular choice amongst adventurous investors, with its anonymous nature, confidentiality, and lack of regulation, we can see the reason for its global trend.
With each digital currency having its speculative nature the only way for them to become truly become mainstream is the adaption of ID and KYC processes.
Why do we say this? well in 2020, $2.8 billion was recorded in laundered money through cryptocurrency exchanges, as we are aware of the ever-increasing threat of cyber-crime and fraudulent acts already.… Read More