Glossary term

KYC

Know Your Customer. A process used as an anti-money laundering countermeasure that involves investors providing exchanges and banks with verifiable means of identification such as a Government issued…

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute
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Know Your Customer. A process used as an anti-money laundering countermeasure that involves investors providing exchanges and banks with verifiable means of identification such as a Government issued Passport or Driver’s License.

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