Increasing Regulation: KYC is now mandatory for most crypto exchanges
FinCEN, the Financial Crimes Enforcement Network, has recently announced that KYC (Know Your Customer) is now mandatory for most crypto exchanges. This comes after an increase in regulation of cryptocurrency exchanges under federal law. Do all crypto exchanges have KYC? How are they being regulated by FinCEN? What does this mean for customers? We'll answer these questions and more in today's blog post!
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