Galxe has launched Passport V3, its upgraded KYC solution, designed to streamline user authentication and bolster security for Web3 businesses. Integrated with KYC platform Sumsub, Passport V3 offers a seamless and secure user onboarding experience. This updated solution simplifies identity verification, providing access to multiple dApps and platforms through a single authentication. Crucially, Passport V3 supports regulatory compliance, catering to Web3 projects facing strict standards like the European MiCA regulation. This is key to mainstream adoption. According to Galxe co-founder Charles Wayn, Passport V3 prioritizes security, regulatory compliance, and the overall growth of Web3 projects. The integration with Sumsub allows corporate clients to effectively prevent fraud and onboard verified users, encouraging greater community participation within a secure environment. Passport V3 aims to foster a safer and more compliant Web3 ecosystem. ```