My suggestion is to implement a hybrid method (to a certain amount) to handle both the KYC and the Anonymity. If it KYC perspective, there will be a lot of advantages to users as well. it can stop third-party scams. Also, in order to enhance fund security, maybe it's time to introduce a Know Your Exchange mechanism which provides information like reserves, liabilities, etc. of an exchange.
Proof of reserves? It wont really be necessary since their main neither hot or cold wallets could really be determined or could be known out in speaking with these exchangers which they wont really be reaching out that
particular popularity or recognition if the masses cant be able to do so since everything could really be seen publicly.It is really just that a matter of things when it comes to your choices whether you are
really that able to deal up with the current set-up where these platforms are already that imposing those KYC.We know that there are still platforms offers no kyc which you could make use of their
services but there are really things which you do leave no choice but to comply or verify out specially if you are really that in make use of P2P which i could say that
it is really important for me.