The 2023 Sumsub report titled "State of Verification and Monitoring in the Crypto Industry" provides a comprehensive, data-driven overview of crypto identity verification, fraud, regulatory trends, and performance metrics. The report underscores the importance of combining AI-powered fraud detection, continuous monitoring, reusable KYC data, and multi-layered compliance measures to enhance security and maintain regulatory adherence. Sumsub supports crypto companies with tailored onboarding, ongoing transaction monitoring, and Travel Rule compliance solutions to navigate regulatory complexity and fight fraud effectively in this fast-evolving industry.

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