TOS updated today (archived) require KYC from all accounts [section 3.3.3], and they described in the Trollbox tiers of increasing disclosure for greater trading volume.
Were you a customer? Will you verify? Quo vadis nunc?
never used them, derivatives are foolish60.0%
I was a customer and won't be any longer40.0%
my trust in them will be increased now0.0%
"c'est la vie"... cope and seethe, punks0.0%
none of the above please read my comment0.0%
5 votes \ 48 days left
Does this take affect immediately or do customers have time to exit positions and leave before KYC?
I think they're applying the requirement immediately for new registrations, and have a bunch of different deadlines for existing accounts that begin early next year.
I guess no one understood the meaning of Web 3
It's really orthogonal to any of that.
Once you have a sufficiently active trading venue, it needs dedicated servers for efficiency; and that means fiat contracts with some hosting provider, and then eventually the financial regulators come after whoever is on the lease.
It's not an excuse for blanket KYC of all customers, although I hope it helps you see why "Web 3" is almost irrelevant for this problem.