Binance Is Partnering With Tech Companies to Tighten KYC Process

  • Global crypto exchange Binance is announcing new partnerships with tech companies to shore up its know-your-customer controls and enforcement of sanctions.
  • According to a new press release, Binance is teaming up with data analytics and security company Kharon and screening provider Neterium to prevent illegal activities by bad actors and sanctioned entities.
  • As per the press release, Binance’s new partnerships will enable the crypto exchange to improve its service while addressing increased risk and regulatory requirements.
[Via]

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