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Tron Founder Justin Sun Predicts Tokenized KYC Checks Will Be Commonplace

Tron founder Justin Sun predicts that tokenized know-your-customer (KYC) checks will become more common as regulations on cryptocurrency tighten. He suggests that even decentralized exchanges like Uniswap may require KYC for all on-chain users in the future. Huobi, where Sun serves as an advisor, has launched the Dominica Metaverse Bound Token (DMBT) as a solution to this, offering tokenized identity for those who have completed tier 3 KYC verification. Minted on the Tron blockchain, DMBT provides users with "citizenship" to the Dominica Metaverse and can be used as a decentralized ID to verify a person across different applications.

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