🔹The world's fourth largest exchange #KuCoin will introduce mandatory KYC for all users starting in July. The move comes amid a regulatory crackdown in the United States, with Binance, the world's largest exchange, accused by the country's regulatory body, the SEC, that the exchange has created "special policies and procedures to help VIP customers to avoid compliance checks. based on IP address and compliance checks based on KYC documentation." The US government has also sued other exchanges for violating sanctions imposed by the US by working with Iranian clients. The Bittrex case It was one of the most emblematic that even helped cause the bankruptcy of the company, which until then was one of the largest in the world.