KYC exchanges, are going to be worse than traditional bank accounts.
That’s madness. Asking people to prove where funds come from + their identity for finally freezing their savings like that.
The Monero community is getting immune from this with haveno & AtomicSwaps. SeraiDEX soon :)
Unless we’re talking different things here, my understanding was that a large enough entity could theoreticaly control a large number of haveno accounts and collect all the off-chain data. Not strictly a haveno issue.