Tag : KYC requirements

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AML in DeFi: Can Smart Contracts Automate Compliance Without Centralization?

Fintech Staff Writer
The rise of Decentralized Finance (DeFi) has revolutionized financial transactions, enabling users to trade, borrow, and lend assets without intermediaries. However, DeFi’s permissionless and pseudonymous nature poses significant challenges for Anti-Money Laundering (AML) compliance. Traditional financial institutions use centralized compliance mechanisms, such as Know Your Customer (KYC) checks and transaction......
FairySwap DEX Successful in CertiK Smart Contract Audit
DeFi News

FairySwap DEX Successful in CertiK Smart Contract Audit

Fintech News Desk
FairySwap successfully completed its first CertiK.io smart contract audit, working with the industry-leading firm to optimize security FairySwap is the first decentralized exchange (DEX) to launch on the Findora blockchain, creating an innovative new type of DEX that is privacy-focused and front-running resistant. DEXs face many challenges, and public blockchains......
CryptoLocally Partners With Swingby to Bring Native Bitcoin P2P Trading
Business Cryptocurrency Fintech News Trading

CryptoLocally Partners With Swingby to Bring Native Bitcoin P2P Trading

Fintech News Desk
CryptoLocally, the leading non-custodial peer-to-peer crypto trading platform, is excited to announce its deep technology partnership with the decentralised token swap protocol Swingby Skybridge. Limitations on Bitcoin’s composability have historically made it difficult to use it in the smart contracts that power peer-to-peer exchange platforms and instead require traders to......
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