United Kingdom Will Not Require Kyc For Unhoste... Review

The UK government decided against requiring mandatory KYC for all unhosted wallet transactions, opting instead for a risk-based approach following industry feedback. Regulated firms will only collect, not automatically verify, information on these transfers unless an elevated risk is identified.

Unhosted wallets: crypto’s biggest compliance conundrum - Elliptic United Kingdom Will Not Require KYC for Unhoste...

AI responses may include mistakes. For financial advice, consult a professional. Learn more The UK government decided against requiring mandatory KYC