KYC tools can minimize hassle for US crypto market, FTX CEO says

Published 08/09/2021, 05:39 AM
Updated 08/09/2021, 07:20 AM
KYC tools can minimize hassle for US crypto market, FTX CEO says

Ongoing regulatory scrutiny has forced many crypto businesses across the globe to close up shop.

Amid this crackdown, Sam Bankman-Fried, CEO of prominent crypto exchange FTX, 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.

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