Hodlme is a community-driven DeFi project running on Binance Smart Chain (BSC). The project proposes a staking protocol with gaming features that enable investors to boost their gains. Additionally, it distributes 30% of every sell transaction to all of its HODM token holders. This way, participants can earn a passive income simply by holding onto their assets. In this short Hodlme review, we look closer at one of the latest DeFi protocols to surface in the market. Read on to…
Tag: Limitations of KYC
Limitations of KYC in Crypto Adoption
The recent rise in fraud, money laundering, and tax evasion cases has led financial institutions to focus on how they can apply underlying controls on their counterparts. Regulators worldwide have developed an interest in the frenzy and are continuously developing regulatory moves targeting market actors. The aim is to ensure financial institutions align with the current security practices and measures like Know Your Customer (KYC). Several exchanges have employed their compliance to meet measures that have been set while others…
5 months ago