1.0KYC Chainhttps://kyc-chain.comDanielhttps://kyc-chain.com/author/daniel/rich600338<blockquote class="wp-embedded-content" data-secret="F7oLxN5mHu"><a href="https://kyc-chain.com/crypto-identity-fraud-risks-and-solutions/">Crypto Identity Fraud: Risks & Solutions</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://kyc-chain.com/crypto-identity-fraud-risks-and-solutions/embed/#?secret=F7oLxN5mHu" width="600" height="338" title="“Crypto Identity Fraud: Risks & Solutions” — KYC Chain" data-secret="F7oLxN5mHu" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> https://kyc-chain.com/wp-content/uploads/2022/11/joseph-chan-I23WeOTsA8M-unsplash.jpg24001600There are several key factors that make cryptocurrencies conducive to financial crime - and global regulators are increasingly developing new rules for the space. This article outlines some of these features and dynamics before covering how businesses can use Automated KYC solutions to protect themselves from the multiple threats of fraud, money laundering and regulatory sanctions.