FTX will now use phone numbers to confirm user’s jurisdiction and names in addition to testing new KYC tools.
Ongoing regulatory scrutiny has forced many crypto businesses across the globe to close up shop. Amid this crackdown, the CEO of prominent crypto exchange FTX, Sam Bankman-Fried, has been vocal about his continued efforts to adapt to the changing regulations around running crypto businesses, announcing FTX’s efforts toward finding systems for streamlining its Know Your Customer (KYC) operations. “As we mature as a company, we’ve been building out our checks, finding and incorporating more signals,” Bankman-Fried stated. He also highlighted the addition of a new feature on FTX that confirms a user’s jurisdiction based on their registered phone number. Bankman-Fried said:“We check users’ phone numbers against their submitted names in KYC1, in order to further verify them. When this doesn’t work or there isn’
Źródło: https://cointelegraph.com/news/kyc-tools-can-minimize-hassle-for-us-crypto-market-ftx-ceo-says
