Are there any restrictions on using pictures of documents for i-9 for KYC in the cryptocurrency industry?

3 answers

• Nov 25, 2021 · 3 years ago
  In the cryptocurrency industry, using pictures of documents for i-9 for KYC is subject to certain restrictions. These restrictions are in place to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. Cryptocurrency exchanges and platforms are required to verify the identity of their users, and this often involves collecting and verifying personal information and documents. While using pictures of documents is generally allowed, there may be limitations on the types of documents that can be used and the format in which they are submitted. It is important to check the specific requirements of each cryptocurrency exchange or platform to ensure compliance with their KYC procedures.
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• Nov 25, 2021 · 3 years ago
  Using pictures of documents for i-9 for KYC in the cryptocurrency industry is generally allowed, but there may be some restrictions depending on the exchange or platform. These restrictions are in place to prevent fraud, money laundering, and other illegal activities. Some exchanges may require specific types of documents, such as government-issued IDs or proof of address, while others may have additional requirements. It is important to carefully read and follow the KYC procedures of each exchange or platform to ensure a smooth verification process.
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• Nov 25, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that using pictures of documents for i-9 for KYC is generally allowed. However, different exchanges and platforms may have their own specific requirements and restrictions. For example, some exchanges may only accept certain types of documents, such as passports or driver's licenses, while others may require additional documents like proof of address. It's important to carefully review the KYC guidelines of each exchange or platform to ensure compliance and a smooth verification process. If you have any specific questions about KYC requirements on BYDFi, feel free to reach out to their customer support for more information.
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