Donald Trump family’s DeFi venture, World Liberty Financial, has introduced KYC verification on its website.
The Trump family’s new Decentralized Finance (DeFi) venture, World Liberty Financial, now offers Know Your Customer (KYC) verification on its website. We implemented the Know Your Customer (KYC) method as a prerequisite to access additional project information.
Donald Trump’s World Liberty Financial KYC Verification Goes Live
We implemented this to achieve the project’s objective of delivering financial services without the need for traditional intermediaries. World Liberty Financial has initiated the Know Your Customer (KYC) process as part of the platform’s launch phase, according to a post by Donald Trump on X.
In his speech, President Trump referred to the initiative as a plan to transform the United States into the “crypto capital of the world”. This project is considered to be a component of his campaign to “Make America Great Again.”
The Know Your Customer (KYC) process also signifies the official opening of the whitelist for participants who are eligible and willing to participate in the project.
Consequently, this Know Your Customer verification is required in order to gain access to additional information regarding World Liberty Financial. Additionally, in order to comply with regulatory rules, participants based in the United States are required to be accredited investors.
In order to verify their identity, users are required to provide evidence of address and personal identifying documents, such as a driver’s license or passport. This is in accordance with the usual anti-money laundering (AML) regulations.
