04 Oct '17, 9am

Singapore Regulator, Banks Complete KYC Blockchain Prototype

The Infocomm Media Development Authority of Singapore (IMDA), the country’s information communications and media regulator, has collaborated with a number of major banks to deliver the first regional Know Your Customer (KYC) blockchain proof-of-concept. Banking giant HSBC, Japan’s largest bank – Mitsubishi UFJ Financial Group (MUFG) and OCBC Bank are all participating banks in the consortium.

Full article: https://www.cryptocoinsnews.com/singapore-regulator-banks...

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