Binance will launch the soul-bound token BAB as a KYC certificate

[Binance will launch the soul-bound token BAB as a KYC certificate] On August 1st, Binance will launch the soul-bound token Binance Account Bound (BAB). Users who pass KYC can directly mint BAB in their accounts, and also Other wallets can be chosen to store the token. Currently, BAB will be used as a KYC certificate. In the future, Binance is expected to create more soul-bound tokens and apply them to security and other aspects. (Tech in Asia)

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