He is right on point. I recently went through a KYC process and, due to a misunderstanding (and their lack of proper user support), I got kicked out of the serv

He is right on point. I recently went through a KYC process and, due to a misunderstanding (and their lack of proper user support), I got kicked out of the service for a while. What strikes me is how much financial information I had to provide them. Bank accounts, salary slips, savings accounts, etc. I am more than happy to provide that information to my government in the course of, say, a tax audit, but handing it off to a private company abroad just to buy a few shares is not proportionate. And who else will have access to that information? Is it going to be sold to the highest bidder? The goverment is outsourcing its policing duties and, sooner or later, that will come back to bite us all when a leak outs all this information.