Binance’s Bold Move to Strengthen KYC Protocols for Business Clients
Effective March 20th, all subaccounts on our platform must pass KYC verification to continue accessing our services. Don’t miss out – make sure your documentation is submitted by May 20th to avoid account freezing. And for those who don’t comply, say goodbye to Binance Link.
Introducing Binance Link – the ultimate tool for corporate clients to elevate their businesses and capitalize on cutting-edge technologies and trading commissions. With this game-changing program, the possibilities for growth and success are endless.
It’s time to fully integrate them with our cutting-edge Link-KYC module. But that’s not all – as responsible members of our crypto community, we also require you to provide us with additional information upon request. Show us the source of your funds and proof of your address to ensure a secure and transparent exchange experience.
In order to adhere to the strict anti-money laundering regulations, we may request for you to fill out our exciting Potential Politically Exposed Person (PEP) questionnaire. This dynamic questionnaire will ask for your PEP status, occupation, job title, and employer details.
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Bitcoin Takes shocking 9% Dump – is More Incoming?
After reaching a groundbreaking settlement with U.S. authorities, Binance is making bold moves towards full regulatory compliance. In a major development last week, the platform joined forces with the Global Travel Rule (GTR) organization, solidifying its commitment to transparency.
As part of this partnership, Binance will now closely monitor and securely transmit all transactions over $1,000, setting a new standard for the industry.
After four years of secrecy, the highly anticipated unveiling of the trading platform’s board of directors has finally arrived. And what a lineup it is! Comprised of seven exceptional individuals, this diverse group includes three top-notch Binance veterans, as well as three external game-changers.