When I was starting to get involved in crypto-currency, one of its features that attracts me is the privacy it gives you. Now with all those KYC being required in exchanges and in ICOs and other platforms, some people are beginning to be hesitant in their activities in crypto.
That's true...one of USP's of Cryptocurrency is that it is anonymous but transparent. Now with KYC form anonymity feature is shattered. Many people invest in crypto because it provides them the financial anonymity freedom and global investment opportunity. Moreover providing Personal detail to someone who is not known is also a concern of personal security