List of Flash News about crypto exchange regulations
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05:40 |
Biden-Appointed Judge Blocks Trump’s Two-Gender US Passport Policy: Impact on Crypto Market Compliance and User Verification
According to Fox News, a Biden-appointed judge has blocked the Trump-era move to restrict US passports to only two gender options. This legal decision could impact cryptocurrency exchanges and KYC compliance processes, as identity verification often relies on government-issued identification. Crypto platforms operating in the US may need to update their onboarding and verification systems to accommodate passport holders with non-binary gender markers, potentially affecting user experience and regulatory compliance. Source: Fox News, June 18, 2025. |