KYC hook for Uniswap v4 stirs community controversy By Cointelegraph
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A new hook available on an open-source directory for v4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer (KYC) before they can trade in token pools.
Criticizing the hook, a user on X (formerly Twitter) noted that the hook opens up the possibility of decentralized finance protocols being whitelisted by regulators:
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A new hook available on an open-source directory for v4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer (KYC) before they can trade in token pools.
Criticizing the hook, a user on X (formerly Twitter) noted that the hook opens up the possibility of decentralized finance protocols being whitelisted by regulators:
Continue Reading on Cointelegraph
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