KYB for Multi-Jurisdictional Entities in DeFi
asked by u/takeshitanaka · 2d · 0 answers
Curious how others are approaching the practicalities of Know Your Business (KYB) for institutions or DAOs operating across multiple jurisdictions within the DeFi space. The challenge isn't just identifying the ultimate beneficial owners (UBOs) but also establishing consistent verification processes that satisfy varying regulatory requirements from different national bodies without creating an undue onboarding burden. Are there emerging best practices or tech solutions beyond just chasing down legal opinions for every single entity and operational silo?