The crypto industry's KYC problem keeps getting worse. Users have been stuck with fragmented identity verification systems for years—every platform demands the same documents, same process, zero recognition of previous verification. It's a nightmare loop that nobody benefits from.

What's needed is a fundamental shift: reusable identity credentials across the ecosystem. Not optional, essential. Once identity is verified, it should be portable and trusted across different platforms and services. This isn't about weakening compliance—it's about making it work smarter.

Projects tackling decentralized identity infrastructure are heading in the right direction. The crypto space needs interoperable identity solutions that respect both user privacy and regulatory requirements. Breaking this cycle of redundant KYC processes is critical for mainstream adoption.