Anonymous trading is dying?

[waitingforday]

"The operator of IDEX announced the new changes on Nov. 1, stating that increased regulatory enforcement and recent statements from a CFTC commissioner had led the company to believe that it could not continue to operate without a robust KYC/AML framework but would attempt to introduce the new measures with “as little friction as possible for users.” https://news.bitcoin.com/decentralized-exchange-idex-to-introduce-full-kyc/

So this is the end of privacy and anonymous trading on DEX'es ?

[ZionRTZ]

It is not the end of anonymous trading on DEX's. There still Etherdelta or Fordelta. If they do not like the features of ED and FD, then there is still DDEX which is the second used next to IDEX and they do not require KYC (atleast for now).

[Zed0X]

I do not think so.

I am not really sure but it could be liken to some centralized exchange where KYC is not required unless you exceed minimum withdrawal. If people leave IDEX because of that then there's still etherdelta and forkdelta as another option.

[Anzal RK]

how can people trading when market like this.
i think all people is have one think that is hold their asset until market is back to normal again.
we need to wait a more time.

[Kritkarika]

No this is not dying. There are some more exchanges like switcheo and forkdelta and etherdelta. Yes sec trying to do something about some dex's but i think they can not control all world. Crypto is decentralised. Devs always will find some ways to create dex's .

[Fenix]

Of course, now the general trend is toward the fact that on most exchangers, participants in the cryptocurrency market are identified before they are allowed to exchange or sell cryptocurrency. However, people will look for options to remain anonymous, and demand will necessarily generate supply. I think that decentralized exchanges with a simplified registration system will develop. Great opportunities in this regard can have offshore zones.