Market News / Story
Japan FSA Urges Crypto Exchanges to Stop Using ID Images for KYC
Binance News ·
Binance News reports: Japan's Financial Services Agency has asked financial institutions, including cryptocurrency exchanges, to stop using images of driver’s licenses and other identification documents for identity verification as soon as possible. According to ChainCatcher, the agency wants firms to switch to a new verification method that reads integrated circuit chip data through smart devices.
Related stories
Japan's Takaichi Rules Out Need for Reflationary Measures, Affirms BOJ IndependenceRead story summary
Japans Takaichi Rules Out Need for Reflationary Measures, Affirms BOJ Independence Japans Takaichi Seeks Market Trust Through Open and Transparent Communication
VIEW SOURCE