As I have been away for a few days, I just learned about the new KYC implementation. Although it took me by surprise, after watching the video it made a bit more sense. In summary, it is required for many of the partnerships / MOUs (as "lawyers don't like the anonymity of crypto"). Soft-launch began on the 10th of this month and it will be optional during the first 30 days, but after 30 days it will be mandatory (will be split into two tiers). If you want more info, be sure to watch the video.
"On our latest video, #Electroneum CEO Richard Ells talks about KYC (Know Your Customer) and our newest partner, @GetYoti, who were working with to deliver it. Check it out here:https://www.facebook.com/electroneum/videos/516919168748902/"