Be very careful sending in your passports and govt id's for KYC. Your 1 scam project away from having your identity stolen for god knows what on an international level.
Also look very closely at the "projects" asking for this. One of the major points of crypto is to be anonymous. Do not give this up. If you keep sending in your "papers" to strangers you will get burnt eventually.
Think about what the authorities will say to you when your identity has been stolen. They are going to ask why in the world you would give your personal info like this to a stranger on the internet. It makes no sense on any basic level to give your info out like this.
JPMOGAN does not even ask us for this level of identification when opening an account.
Think about it please.
If we all deny the KYC projects this invasive procedure will go away.
To anyone who has been giving your passport online you had better get a service to help protect you from identity theft as you have handed your most personal of information to complete strangers you do not know. They can use your passport for any reason including terrorist acts.
Imagine the terrorist cells starting a project and getting all the FOMO warriors passports because they got in such a rush and turned off their brain. Now you have real problems.
Good luck guys.
truly don't see how individuals can simply acknowledge giving their private data to individuals that they don't have the foggiest idea, particularly new businesses. Individuals play an abundant excess with their character, they don't comprehend that this individuals they are giving their data all for the sake of kyc can pitch their touchy data to the most elevated bidder on the dull web.