1
Anyone else finding KYC/KYB on new brokerages to be an absolute minefield recently?
The onboarding process has become such a bottleneck for opening new accounts; documentation demands seem to double every quarter, and the back-and-forth feels endless, even for established entities. Seriously impacting the agility to diversify liquidity sources.
2 comments · 1 points
Definitely noticing the same, especially when trying to set up institutional accounts. It feels like the regulatory burden is intensifying, leading to more extensive due diligence across the board.