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What is KYB and KYC?
Eva R avatar
Written by Eva R
Updated over 10 months ago

KYB (Know Your Business) and KYC (Know Your Customer) are standard terms within the realm of regulated crypto entities, mandated by law to fulfill specific requirements. The distinction between the two lies in the fact that KYB is solicited exclusively from partners seeking to integrate our services. Both of these legally compliant measures enable us to efficiently authenticate the identities of both our clients and customers.

Throughout this process, you may encounter other abbreviations, such as:

  • AML Policy: Anti-Money Laundering Policy

  • UBO: Ultimate Business Owner

  • AOA: Articles of Association

  • POF: Proof of Funds

  • POA: Proof of Address

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