After successful identification verification, you will be able to deposit larger amounts.
This seems to imply that no KYC will be required for smaller amounts. If so, that is extremely bullish.
Even in kraken you just have limits for lower amounts and this is quite resonable and goes along with EU law.
EU law should provide anonymity so that is why cthet cannot DELETE cash

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They just lower limits all time. IN Italy now is 1000E...
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Why is the registration disabled?
I bet they are preparing to start and rewrite some stuff to be ready to lunch soon.