Tag: KYC

Crypto Exchange Binance to Issue ‘Soulbound’ Tokens to Users Who Complete Know-Your-Customer Checks

Cryptocurrency exchange Binance plans to issue a “soulbound” token on the BNB blockchain to all users who complete know-your-customer (KYC) requirements, according to an official announcement. Soulbound tokens, which in this case act as an identity passport across the BNB chain, are unique and non-transferrable. Users who would prefer their identity not be shared across the entire network can opt…

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