KYC (Know Your Customer) is the process financial institutions use to verify identities, assess risk and prevent fraud. It involves document checks, screening and ongoing account monitoring.
The Ethereum Foundation says interoperability will be its top user-experience priority, pushing cross-chain standards, developer tools and protocol upgrades to streamline access and broaden mainstream adoption.
Cryptocurrency adoption has skyrocketed in recent years, but the experience of onboarding new users in Africa vs. the West varies greatly. Fonbnk founder Christian Duffus unpacks the differences and explains why bridging the gap is essential.