Research shows that 65% of major exchanges and wallets have ignored KYC processes. Conducted by P.A.ID strategies , an analyst and consultant company that aids in the business development and project delivery. Commissioned by Mitek, a provider of digital identity solutions. Together they have revealed that leading crypto exchanges and wallet providers across…
The soaring values of Bitcoin and other cryptocurrencies has led to millions of new investors around the world. Of the estimated twenty-one million active Bitcoin wallets, one-third have been created since August. Although celebrated by crypto advocates, this boost in crypto activity has placed tremendous strains on exchanges and related networks. Several of the largest,…