Quote from: rambogoham1 on March 03, 2020, 05:12:56 PM

For the most part no. Bitcoin was sort of created to require no KYC to use it, kinda like cash. The one benifit though would be you're less likely to be involved in a scam project if they require KYC.

There is a big difference in who initiates the KYC. It is one thing when you need to pass this to Binance to participate in the IEO, and what is required by questionable ICO that do not have information about their team members on the site. And they explain this by maintaining the anonymity of team members, but they also require their investors to pass the KYC.