Yesterday EXMO announced that it has enabled the “Telegram Passport” feature for the KYC procedure.
In fact, the feature, which is already active on the platform, allows the user to login to any service that requires personal data; all information is encrypted on the user’s device.
EXMO CEO Sergey Zhdanov explained:
“EXMO team is constantly working on optimizing the KYC process. Today we are happy to announce the opportunity to verify users via Telegram Passport. We are sure that many not verified platform’s customers will appreciate this new easy and safe option”.
This new feature was made possible also thanks to the collaboration with SumSub, which provides solutions based on artificial intelligence in the field of personal data and compliance procedures.
EXMO is not actually the first company to support KYC with Telegram Passport. TokenBox also announced its support of the service some time ago.