Quote from: CrypticBabe on December 03, 2018, 11:51:08 AM

Quote from: gee777 on December 03, 2018, 11:04:01 AM

Quote from: Pricebrianer on December 03, 2018, 08:53:36 AM

Quote from: ning_aric on December 03, 2018, 08:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, its important for everyone to Verify Residency. Also, its to protect traders on the exchange.

Well, like they say, SEC dont make the rules they try to enforce it and when they start working on a new economy they dont relent. Crypto wont be exempted.
But its easy, SEC is only for US citizens and consumers with indica of US person status. When we KYCe, we got no problems with these rules.

Are you sure about SEC being just for the US citizens and those promoting it in the US? Because I know majority of ICO's banned US citizens from participating in their ICO.

SEC's this rule will be available for US citizen or everyone else as well?
I personally dont like KYC procedure. Being forced to do KYC in every platform is really gonna be tough for everyone.

Well, at this stage, it doesn't really matter if you like it or not but KYC has come to stay, more especially with exchanges that deal with people from different phases of life. KYC to an extent has provided that sense of security.