Study Notes | Crypto Industry Regulation
① In June 2019, the Financial Action Task Force (FATF) extended the “Travel Rule” to virtual asset service providers.
② KYC is short for “Know Your Customer.” It refers to the process platforms use to verify a customer’s identity and is fundamental to anti-money laundering compliance.
③ Upload identity documents for verification only through the official app or website. Don’t send photos of your documents to anyone claiming to be customer service.
$BTC 82026.76 (+0.41%)
#BTC
I’m just chatting—don’t take this as advice.
① In June 2019, the Financial Action Task Force (FATF) extended the “Travel Rule” to virtual asset service providers.
② KYC is short for “Know Your Customer.” It refers to the process platforms use to verify a customer’s identity and is fundamental to anti-money laundering compliance.
③ Upload identity documents for verification only through the official app or website. Don’t send photos of your documents to anyone claiming to be customer service.
$BTC 82026.76 (+0.41%)
#BTC
I’m just chatting—don’t take this as advice.