banner https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4

UK wants more crypto user data just as trust in KYC takes new hit

New U.K. rules could mean more data from crypto users, just as a recent leak shows how risky that can be. Just as a major crypto platform admitted contractors leaked user info, the United Kingdom unveiled strict new rules requiring firms to collect and report detailed personal data on every crypto transaction. Starting Jan. 1, … Read more

Coinbase sued in Illinois over biometric data practices tied to KYC checks

Cryptocurrency exchange Coinbase is facing a class-action lawsuit in the U.S. state of Illinois, which claims that the company may have violated the state’s Biometric Information Privacy Act. A group of Coinbase customers has accused the platform of improperly collecting and storing facial data during its identity verification process. Filed in the U.S. District Court … Read more

South Korea’s Upbit Faces Regulatory Scrutiny After KYC, AML Violations

South Korea’s largest cryptocurrency exchange, Upbit, is under intense regulatory scrutiny. After being accused of violating over 700,000 Know Your Customer (KYC) and Anti-Money Laundering (AML) obligations, Upbit is facing suspension.  According to local media reports published on 16 January 2025, the Financial Intelligence Unit (FIU), a division of South Korea’s Financial Services Commission (FSC), … Read more

banner banner https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4