@MirkoIta

They give you the option to give them all the identity information and say that if they cannot verify that then you can verify with a phone number to get a basic account. I extrapolated from that that 2FA could result in being identified but I dont know. It does seem better to me to just verify with an SMS than all the other details. Not sure if you can skip strait to the phone verification but I dont see why not.

Again my main issue with all of this is not that verification is required. My issue is the way in which they have done it. People should have been given an email or notification on login for the change of policy. It should not be something they would have to actively look up each time they use the system or in the case of polo something that could change even while they are using the system according to their new terms of service.

Personally I would prefer if none of this was required and will direct my business towards exchanges that exist in regulatory jurisdictions where it isnt wherever possible but I cant blame exchanges that would otherwise get shut down for complying with the demands of regulators, only for how they go about it where they do have choice.