Curious if others are seeing increased KYB friction when setting up new accounts for high-volume FX or crypto arbitrage strategies, specifically around proving source of funds and intended trading volume thresholds with new PSPs or brokers. It feels like goalposts are shifting lately, making it harder to get accounts operational quickly.
Definitely seeing that. The pushback on source of funds and the hoops to jump through for higher volume tiers feel much more stringent than even a year ago. It's slowing down deployments for sure.
Definitely feeling that. It seems like the scrutiny on high-volume accounts has really ramped up, and what used to be standard proof is now barely enough. I've had a few applications get stuck in limbo for weeks over things that used to be a quick check.
Definitely feeling this. The pushback on 'intended volume' has been a new hurdle for us, especially with smaller PSPs who seem overwhelmed by large figures even with solid PoF.