The open-source browser Brave has decided to upgrade its crypto wallet in its latest update. Initially, the wallet was created to be focused on the Basic Attention Tokens (BAT), which are used in the browser.
According to him, the wallet of Brave is a standalone product that you can use even if you do not use the Brave browsing program. It was also highlighted that it is focused at people who already know a bit about the crypto world and are at least somewhat familiar with cryptocurrencies.
It was also informed that a system for people to transfers their assets between the crypto wallet and Brave Rewards will be created soon and that they will finally be able to directly transport their tokens to their wallets using it.
In a possibly controversial move, Brave will require a Know Your Customer (KYC) procedure for the users trying to move their assets out. According to the company, Brave has no interest in knowing who its users are, but it still has to comply with current laws of the financial sector.
Brave, in case you are not familiar with the platform, is a browser that you can use to browse the web without ads. Any advertising that you see will be because you choose to do it and you get paid BAT tokens for watching it.