Tokenization & DeFi

KYC

KYC (Know Your Customer) is a process where individuals verify their identity before using financial services. In blockchain and DeFi, KYC is increasingly required for compliance with regulations like AML (Anti-Money Laundering). While it introduces centralization into decentralized systems, it’s often necessary for launching compliant ICOs, STOs, or DeFi protocols. KYC helps prevent fraud, terrorism financing, and illicit activities while building trust among users and regulators.

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