List of Flash News about crypto regulation uncertainty
Time | Details |
---|---|
2025-08-03 05:36 |
Regulatory Uncertainty on KYC for Crypto Front-Ends Raises Trading Risks and Compliance Questions
According to Patrick McCorry, there is still no definitive regulatory guidance on whether crypto front-ends or user interfaces will be required to perform Know Your Customer (KYC) checks on users transacting through their platforms. McCorry argues that requiring KYC at the UI level is unreasonable since front-ends primarily facilitate the creation of transaction payloads. This ongoing uncertainty may impact trading operations and compliance strategies for decentralized exchanges and other Web3 projects, potentially influencing user onboarding flows and market liquidity (source: Patrick McCorry). |