I'm planning to build a CEX that does not track IPs, requires no KYC, no fiat support, and no email verification. The main goal is to create a privacy focused exchange. However, we've recently seen authorities shutting down privacy coins and exchanges under the pretext of money laundering and terrorist financing.

The truth is, only about 1% of users are involved in illegal activities. The remaining 99% prefer anonymity mainly because their funds often come from gambling services or marketing campaigns related to gambling, and they simply want to protect their privacy. Personally, I don't see anything wrong with that.

I would really appreciate your valuable suggestions on how to move forward with this idea.