ak0
@annanay • 8,290 subscribers
Founder and CEO @QFEX
Videos
FTX Without the Fraud Without a doubt, this is the single best article on what we are trying to achieve at QFEX, and one of the best articles I've read on crypto twitter, period. I thoroughly encourage you all to check it out for its exceptional discourse on: >crypto technologies coming to tradfi >the blurring of the lines between a cex and a dex >the real TAM of perps (it's not just crypto) >institutional adoption and regulatory clarity When I read the preview, it was so good that I knew we had to make a video alongside. Thanks to Dr. Peepee for the hard work! Today, we have listed Korean equities and instantly reached #1 in liquidity and spreads across all perps venues. I can't think of a better way to celebrate our legendary partnership with Four Pillars .
ak019,086 Aufrufe • vor 3 Monaten
Tl;dr starting yesterday, QFEX will not require document ID verification for its ordinary retail users. QFEX users have already been notified via email and Discord. While we are all celebrating this as a MASSIVE UX improvement, the real reasons run deeper than that. People don't talk about compliance because it's not sexy. Everyone has a moral duty to prevent money laundering and terrorist financing. At QFEX, we take this duty seriously. Long run, dexes whose main business model is facilitating crime will be shut down and their exec team sent to prison. Our commitment to compliance is the reason why we are able to attract the market makers and liquidity that we do. For years, document KYC has been the standard method of enforcing compliance policies. In the age of AI, it has become painfully obvious to us (see the below video) that the bad guys will always be one step ahead of the compliance software providers. Like most illicit businesses, the economics are just in their favour. A couple of months ago, we began looking for alternatives. I'm delighted to announce the integration of a new, powerful AI-based tool that, for the first time, integrates user data across browser sessions, blockchain history and trade history across QFEX and all perp dexes to build a complete user profile and enforce compliance policies. This mogs document KYC and allows us to rest in peace knowing that our users are genuine, without knowing their passport details. How markets should be.
ak013,622 Aufrufe • vor 2 Monaten
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