NFT Trading and Money Laundering: How KYC-Chain can Help
While NFTs offer numerous use cases and investment opportunities, their vulnerability to money laundering and other illicit financial activities is heightened by the lack of regulation of much of the space. As financial authorities scramble to rein in the sector, NFT platforms and issuers can use automated KYC solutions like KYC-Chain to reach compliance and mitigate fraud effectively and efficiently.
25 Oct 2022