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Cryptocurrency platforms are turning to comprehensive identity verification platforms to balance increased regulatory scrutiny with smooth user experiences. Fraud and the potential for harm have become too great to ignore, and regulators are paying attention. Verifying a person’s identity is a complex challenge with disparate sources of data, government IDs, biometrics and more. Identity verification providers enable crypto platforms to scale efficiently and manage risk while optimizing their costs. With the rise of holistic identity platforms, companies can now access a one-stop partner for all verification needs.