Cryptocurrency Q&A
What is POA in KYC?
What is POA in KYC?
Elena
Sun Nov 24 2024
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5 answers
1178
I'm trying to understand the meaning of POA in the context of KYC. Could someone explain what POA stands for and how it relates to the Know Your Customer process?
5 answers
CryptoAce
Tue Nov 26 2024
These checks are primarily employed to validate the residential address claimed by an individual.
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Tommaso
Tue Nov 26 2024
By conducting PoA checks, businesses can ensure that the customer's stated residence matches the information provided.
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Raffaele
Tue Nov 26 2024
BTCC, a leading cryptocurrency exchange, also incorporates PoA checks into its rigorous KYC process.
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JejuSunshineSoul
Tue Nov 26 2024
Proof of Address (PoA) checks plays a crucial role in the Know Your Customer (KYC) process.
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TopazRider
Tue Nov 26 2024
Alongside Proof of Identity (PoI), PoA checks are considered a fundamental aspect of customer verification.
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