Seychelles-based cryptocurrency exchange, Bitget, is strengthening its know-your-customer (KYC) requirements to counter laxity in the sector. From September 1, new users must complete level 1 KYC verification involving identity documents and facial authentication. Existing users have until October 1 to comply. Regulators have criticized lax KYC checks for fostering fraud and illicit activities. Bitget’s move aligns with industry trends as exchanges like Kucoin have introduced similar measures. Bitget has 20 million users and a $310 billion 24-hour trading volume.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}