Simplified KYC Means DeFi Compliance Without Compromising On Privacy

It’s almost impossible to remain anonymous in the traditional financial world because banks and other financial institutions will always demand some form of identity before they do business with anyone. That’s in stark contrast to crypto and decentralized finance, where users interact via their wallets and never need to reveal anything about them. source: https://cryptonews.com/news/simplified-kyc-means-defi-compliance-without-compromising-on-privacy.htm