What happened to local bitcoin trading site..do to the sudden implementation of KYC procedure regular traders getting shocked with the limitation of LBC trading... already we facing various issues from government sides, then the sudden KYC implementation gives negativity so the traders are decreases day by day. Finally the KYC procedure not user friendly, If we produce the right id proofs then also getting rejected. If it continues we dont no what happen to LBC next?
when the technology develops the problems also develops so that they are protecting their customers to be more safe and secured that's why I think they prefer to accept the KYC details before any transactions I think it will be a good implementation for the future also.