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All Binance users are now subject to immediate KYC verification By Cointelegraph



All Binance customers are actually topic to instant KYC verification

Binance has been within the regulatory cross-hairs of jurisdictions throughout the globe amid claims of it working unlicensed companies. As remediation of the continued scrutiny, the crypto change has publicly introduced new Know Your Buyer (KYC) necessities for all customers on the platform.

“Efficient instantly, all new customers are required to finish Intermediate Verification to entry Binance merchandise and repair choices, together with cryptocurrency deposits, trades and withdrawals,” a assertion mentioned.