IDEX going KYC -> FINE

We all knew it. IDEX is introducing KYC and DNA tests. But there is nothing bad about it.

In most jurisdictions, a transaction below a certain amount of USD is not even checked by the authorities. For instance, if you pay 5K USD for a piece of software, that is still considered to be normal, and no one will check anything. The resources of the gov agencies are so constrained that they only follow >X USD transactions. Below that, they can't physically care.

So this means we can be flipping shitcoins and airdrops on IDEX just via a fake email address. Pretty eeasy stuff, could have been worse.

https://medium.com/idex/idex-kyc-transition-period-and-updated-asset-availability-for-us-markets-set-to-begin-d45e945f842d