Tag: Know your customer

  • Korean Crypto Company Partners With Bank to Issue a Blockchain Product

    Korean Crypto Company Partners With Bank to Issue a Blockchain Product

    ​One of South Korea’s most popular crypto and blockchain companies, Iconloop, revealed a collaboration with Shinhan Bank, the country’s second-largest commercial bank, to launch Know-Your-Customer (KYC) compliance certificates, according to a release. This is one of the long list of blockchain and crypto-based projects to be released in Korea’s public domain in 2020. Other include an Ethereum-powered…

  • LocalBitcoins demands Know-Your-Customer (KYC) verification to buy or sell.

    LocalBitcoins demands Know-Your-Customer (KYC) verification to buy or sell.

    Recent news circulating through the social news aggregation site, Reddit, has made it apparent that Localbitcoins traders have been having to verify their identity when trading using the peer-to-peer platform. Although this has mostly been noted in cases of those wanting to trade ‘significant’ volumes, it has caused a shake-up within the market, seeing alternatives…