Glossary

Glossary

Term Book Chapter Definition
Know Your Customer (KYC) Bitcoin Chapter 5: Investing in Bitcoin A verification process required on cryptocurrency exchanges to confirm the identity of an individual opening an account.
Know Your Customer (KYC) Fintech Chapter 6: Regulatory Technologies (RegTech) Know Your Customer (KYC) is the process of a business identifying and verifying the identity of its clients. In the context of RegTech, KYC processes can be automated to improve accuracy and efficiency.