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It just forces legitimate people onto decentralized exchanges and further into the Bitcoin only economy. The game of cat and mouse continues...
This is harmful to the genuine users of the exchange.
This is security theater and is harmful.
They will probably force innocent users to provide KYC documents (or lose access they cryptocurrency).
Binance is going to the path becoming the new Bitstamp.
For more information look for "The new Bitstamp's KYC (Know Your Customer) questionnaire is intrusive and out of control".
Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: CosmicHemorroid
Binance going kyc?
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