KYC (Know Your Customer)

A regulatory and compliance process where businesses verify the identity of their clients in order to prevent money laundering, terrorist financing, and other illegal financial activities. In the cryptocurrency world, KYC processes are often implemented by exchanges and wallets.

NFT

NFT (Non-Fungible Token): A unique digital asset that represents ownership or proof of authenticity of...

Rug Pull

A type of scam in the cryptocurrency world where developers abandon a project and run...

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