Cryptocurrency adoption surged in 2022 with over 81 million wallets and heavy institutional investment, yet challenges remain. Roadblocks include slow onboarding, weak verification, fraud risks, and poor data privacy. Studies show up to 69% of exchanges lack strong KYC processes, undermining trust and compliance. With CBDCs emerging, regulation will tighten, making secure verification critical. MX supports exchanges by enabling instant account verification, tokenized ACH funding, cleansed data, and personalized rewards, improving speed and security. By bridging gaps in compliance and user experience, MX helps crypto build trust and sustainability.

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