Binance is doing mandatory KYC on all accounts now. From 2 BTC no-KYC limit to 0.06 BTC a month ago to now mandatory KYC. Pressure must be insane binance.com/en/support/annou…

7:20 AM · Aug 20, 2021

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All new users are now required to complete this. Government ID and facial verification
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All existing users that haven't KYC'd can only withdraw now, cancel orders, and close positions. They can't trade until they do intermediate KYC
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Replying to @lawmaster
a step in the good direction anyways if we want mass adoption
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No KYC! Future is in non-KYC DeFi
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Replying to @lawmaster
Too many hacks rug pulls end up at Binance, so not surprised
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Replying to @lawmaster
Good
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Replying to @lawmaster
Coinbase is also doing the same. They can't fight with the govt rules off course. Regulatory bodies won't them work tho.
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Replying to @lawmaster
But @udiWertheimer told me we don't need DeFi because we have Binance and BitMex????
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You might need KYC for DeFi as well in the future.
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Replying to @lawmaster
It’s all about to implode, especially cardano $ada
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