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KYC stands for Know your Customer. Local laws require us to verify the identity of our users when they are gifted Bitcoin. Once you’ve been verified, your account status banner will disappear and we'll send you a notification.
When you first complete the KYC flow, you'll reach a page called "Verification Complete" at which point feel free to close the widget by tapping "Done" at the top left. The "Action Required" banner on the Ember Wallet page will go away on its own when your Bitcoin gift is received.