Every company has the right to make KYC regulations. because the main goal is to prevent hackers from taking over user accounts. and also track their customers. from where they get the coin whether the results of fraud or other things. KYC was not important in the past but now the government is seriously investigating scam investment and hacked wallet cases. and as an exchange and service provider must make the KYC regulations in order to find out who the details of their service users. now only prospective customers who decide want to do KYC and provide sensitive information or not.