Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?
Personally I don't think there is guarantee of safety on any information divulged in the process of submitting kyc. Requiring kyc from investors are actually meant to know where they are from as we all know that some countries are not crypto friendly but when bounty hunters are required to undergo kyc, I do not agree with that.