Initial coin offering has been quickly emerging as the new fund-raising method being used for launching a business. Recently we have seen the requirements of KYC for ICOs are increasing. And many investors are not supporting it. I want to know why exactly do ICOs need the requirements of KYC.
there are some countries that prohibits cryptocurrency in their country, even the ICO, they are highly strict about that, to avoid any problems, they run kyc to know where their investors coming from.