KuCoin is going full KYC starting july 15.
Over time, all centralized exchanges will do this. The future is with DEX. KYC is incompatible with bitcoin in its concept. Privacy and anonymity, I do not intend to go through the KYC procedure on any exchanges.
Slowly but surely the SEC is threatening or shutting down exchanges and services that don’t comply with their policies. This is going to bring an end to a lot of cool projects, but it will also level the playing field for those looking to start legitimate businesses. Personally I liked Bitcoin more before the regulation when cool services were everywhere, but this seems a necessary development in order for Bitcoin to thrive.