Quote from: DemonHunter83 on September 10, 2018, 09:22:12 AM

Quote from: biuifyus on September 10, 2018, 09:03:51 AM

KYC is now widely used for ICO projects because it helps verify the identity of investors, which is very beneficial for ICO projects that want to grow over the long term.

For the most part, KYC was invented in order to avoid legal problems in the future. As some countries banned the cryptocurrency and the ICO can prosecute for what he gave the bitcoin to grajdanam such countries.

all right, they usually warn that residents of certain countries can not acquire their crypto currency or participate in the bounty. for me KYC is a very good thing