Identity verification is a big problem today for technology companies, financial institutions and government agencies. This task is no less acute for the crypto industry: on the one hand, it is required to maintain the necessary privacy and protect user data from hacking and “third parties”, on the other hand, something must be done with the growth of cryptocurrency fraud.
Many people decide to verify their identity on popular services, but there’re always be users who don’t want to waste their freedom and privacy, and there’re still some services that allow users to stay anonymous in the era of transparency.
One of such services is a cryptex exchange, providing all the services without identity verification. Most likely, in the future there will be even stricter rules for passing verification on the exchange than KYC and ALM, although there are still exchanges without verification.
Despite the long-term goal of the crypto industry to become an alternative to traditional finance, it is forced to play by the rules set by governments and regulators.
Excerpt Launch your own branded crypto gateway in under 24 hours, a fast, fully branded payment…
The October Liquidation Shock On October 10, 2025, the crypto market faced a record $20…
New York City, United States, 21st November 2025, ZEX PR WIRE, HelloTrade, a new blockchain-powered…
Valetax marked a major milestone with a powerful presence at Jeddah Fintech Week 2025, held…
Jeddah, Saudi Arabia, 19th November 2025, ZEX PR WIRE— Tradeview Markets proudly announced the strong…
Investors withdrew a record $523 million from BlackRock’s iShares Bitcoin Trust (IBIT) on November 18,…