Onboarding Friction for Mid-Cap Crypto Liquidity

Anyone else hitting major friction onboarding new prop firm accounts for crypto liquidity these days? Seems like a shift. Used to be able to spin up new lines of credit with decent prime brokers in a few weeks for meaningful sizes ($5M-$10M). Now, it's months of KYB/AML deep dives, even for established entities with clean records. Feels like the regulatory noose is tightening fast, making it harder to diversify liquidity sources. Are we seeing consolidation of access, or is it just the new normal?

Secondly, the fee structures are becoming less competitive for non-exchange access. Spread markups on $BTC/$USDT and other pairs via these OTC desks or smaller brokers are widening considerably, even for block trades. Wondering if anyone has found a sweet spot for competitive spreads and quick onboarding for mid-cap firms in the current climate.