I posted at least four different threads in the last week about what FATF would do.
Now you see it. Binance is forcing KYC on the globe and kicking americans off. Do you get it yet? Do you understand how this is going down? Do you realize how much financial opportunity is going to be taken from you as you are barred from the global cryptocurrency economy? While the rich are allowed to do series A accreddited investing, institutional swap trading, and foreign trading of the most speculative altcoins. Do you realize this is a tax grab and a corral, this is not about fraud, it is about classism. Don't be deluded.
For people who still want to use binance as his daily trade, I am sure he doesn't have a problem with KYC, and he will fill the KYC. But for people who don't want to use KYC, they will leave binance and find the other exchanges. Many other exchanges don't use KYC for their members, and I think they will get more members if somehow many traders don't agree with KYC in binance. I don't mind to fills KYC in binance if that will protect me from a bad situation.