## What Is KYC Verification? The Importance of KYC in Modern Financial Transactions
In the context of rapidly developing blockchain technology, customer identity verification (KYC) has become a mandatory requirement in most financial institutions worldwide. Not just a routine administrative procedure, KYC is a strategic tool helping exchanges, banks, and fintech platforms build robust security systems, prevent illegal activities, and protect investors' rights.
## What Is KYC and Why Is It Necessary?
**Know Your Customer (KYC)** — or understanding your customer’s information — is a mandatory pr
In the context of rapidly developing blockchain technology, customer identity verification (KYC) has become a mandatory requirement in most financial institutions worldwide. Not just a routine administrative procedure, KYC is a strategic tool helping exchanges, banks, and fintech platforms build robust security systems, prevent illegal activities, and protect investors' rights.
## What Is KYC and Why Is It Necessary?
**Know Your Customer (KYC)** — or understanding your customer’s information — is a mandatory pr
DEFI5,51%