Ohh... I see that is why almost all ICO project out there is now asking for KYC verification because of the binance news.

I don't think it will be good for crypto but I believe for some user they are waiting for this for their own protection.

For me, I don't like to verify my name when exchanging something like an altcoin they will ask where did I get it or source of income just to monitor all our earnings and funds which is no more privacy if we tell.

Honestly, investors are not a problem the only problem in crypto is these ICO projects almost all ICO projects are scam. They should ask KYC verification to the CEO or owner of the project to make sure that the owner of the project is real and other members who involved in the project.