Flare and Red Date Technology Launch Decentralized ID Trial for Stablecoin Access in Hong Kong

November 9, 2024 at 04:35 PM GST updated: November 9, 2024 at 04:00 PM 2 mins read News Flare and Red Date’s trial enables anonymous, KYC-compliant stablecoin access for Mainland Chinese visitors. RealDID integration in Hong Kong offers secure, document-free stablecoin access aligned with local regulations. New trials tap into Hong Kong’s $10B visitor market,…

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Binance Secures 20th Global Milestone With Argentina Crypto Registration

Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced…

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Trump Opens KYC Whitelist for New World Liberty Financial Crypto Project

On Monday, former President Donald Trump announced that the whitelist for World Liberty Financial (WLF) is now open to eligible individuals. Addressing his 91 million followers on X, he called it their “chance to be part of this historic moment.” Trump’s Latest Crypto Venture World Liberty Financial Whitelist Goes Live The know-your-customer (KYC) process for…

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German Authority Seizes 13 Unauthorized Crypto ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five…

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kucoin

KuCoin to Implement Mandatory KYC in July

KuCoin will be implementing Know Your Customer (KYC) checks, which means that new users will need to complete identity verification in order to access all services. Existing users who have not completed KYC will not be able to make deposits. KuCoin, a significant cryptocurrency exchange, is enhancing its Know Your Customer (KYC) system by introducing…

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