List of Flash News about DeFi onboarding
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2025-05-20 17:46 |
zkKYC Solutions Streamline Crypto KYC Compliance and Protect User Privacy: Coinbase Data Retention Insights
According to @provenauthority, regulatory laws require exchanges like Coinbase to retain KYC data, affecting how crypto platforms structure their data architecture and disclosure practices (source: Twitter, May 20, 2025). The introduction of zkKYC technology, as developed by @billions_ntwk, allows users to verify their identity and regulatory status without exposing their personal data. This innovation enables exchanges and DeFi protocols to maintain regulatory compliance while reducing data risk, potentially increasing user trust and platform adoption. Crypto traders should monitor the adoption of zkKYC solutions, as these advancements are likely to influence onboarding processes, compliance costs, and the competitive landscape within the cryptocurrency market. |