Global #KYC

The Tonhub Visa card is an innovative solution designed to bridge the gap between traditional banking and cryptocurrency, offering users an easy and efficient way to use their digital assets for everyday purchases.

Pi Network, a cryptocurrency project that allows users to mine digital assets directly from their smartphones, has been operational for over five years. Despite its innovative approach, the project has generated a mix of excitement and skepticism within the crypto community, particularly regarding the timeline for its native token launch and the opening of its mainnet.

The United Arab Emirates (UAE) has recently implemented a new regulatory framework for cryptocurrency payments. While this move aims to establish a more secure and transparent financial environment, it has also sparked concerns within the crypto industry.

Sumsub, a leading global verification platform, has recently upgraded its Business Verification solution to tackle the growing challenges of Know Your Business (KYB) procedures. By expanding its coverage and incorporating additional data sources, Sumsub aims to improve the quality and accuracy of business verification processes while enhancing user experience.

Wallet, a third-party cryptocurrency wallet bot accessible on Telegram messenger, is undergoing significant alterations, including the implementation of more stringent Know Your Customer (KYC) protocols and transitioning to a new service provider.

Nigeria is working to improve Know Your Customer (KYC) compliance in both traditional and cryptocurrency investment.

Bitcoin exchange Binance is thinking about coming back into the Indian market after being prohibited there in late 2023. The possible re-entry would come with a $2 million fine.

Over 10 million users of Pi Network's platform have finished the required Know Your Customer (KYC) procedure. With the recent major milestone, the project is drawing closer to its mainnet launch, according to its official statement. The platform still needs to accomplish a few goals, though, one of which is to reach 15 million KYC users prior to that date.