Binance (BNB) makes KYC mandatory for every service on its platform

In an announcement today, embattled crypto exchange, Binance has emphasized its readiness to be fully compliant with various regulatory measures, as it now requires compulsory Verification for all its users, effective immediately.
In the Friday announcement by the exchange, it now becomes a must for all new users to complete Intermediate Verification as it would give them access to Binance products and service offerings, such as cryptocurrency, deposits, trades, and withdrawals. Intermediate Verification includes the submissions of government-issued ID as well as facial Verification.
Users must complete verification
Binance said in the six-paragraph announcement that this becomes necessary to determine changes and improvements in light of evolving global compliance standards to enhance user protections and provide a crypto-friendly environment for everyone.
Existing users whose Intermediate Verification is incomplete will experience a change in their account activities, restricting th

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Źródło: https://cryptoslate.com/binance-bnb-makes-kyc-mandatory-for-every-service-on-its-platform/

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