OKX Tightens KYC Policy, Requires Advanced Certification!

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Cryptocurrency exchange OKX has tightened its Know-Your-Customer (KYC) policy as it announced that users must complete advanced certification before August 21st to use any of its products. This move requires ID card and face recognition information, ensuring stricter compliance measures to prevent money laundering and other illicit activities. Failure to complete the certification will result in restricted access to OKX’s products. The exchange’s decision to strengthen its KYC policy is in line with global regulatory guidelines aimed at beefing up the security and transparency of cryptocurrency exchanges, making them less prone to criminal activities.