There is a video about the KYC and they're plans on the Electroneum Facebook page.

I see. While I understand KYC will enable acceptance, I am a really really small investor. I have 20$ worth of ETN at the moment and for such a small amount I am not ready to give my documents to them. Nor for 50$ (if it grows to that). I am ready to do it when I am ready to cash out and that won't happen unless one ETN is worth at least 1$ (which might be just a dream).

So what I would like to know is if transferring to an exchange or keeping funds in a paper wallet will also require KYC.

I have to admit the instant payments that are supported by institutions because of KYC are a good development.

What abaut IOS app? I am in test beta program and app is not working...

As I have been away for a few days, I just learned about the new KYC implementation. Although it took me by surprise, after watching the video it made a bit more sense. In summary, it is required for many of the partnerships MOUs (as "lawyers don't like the anonymity of crypto"). Soft-launch began on the 10th of this month and it will be optional during the first 30 days, but after 30 days it will be mandatory (will be split into two tiers). If you want more info, be sure to watch the video.

"On our latest video, #Electroneum CEO Richard Ells talks about KYC (Know Your Customer) and our newest partner, @GetYoti, who we’re working with to deliver it. Check it out here:https://www.facebook.com/electroneum/videos/516919168748902/"

Instant Payment API system for vendors live in BETA today!

https://community.electroneum.com/t/1000-vendors-invited-in-to-api-instant-pay-beta/3299

waiting ETN goin to 1 satoshi 

Are you kidding me? You wanna tell me this isn't fast? I guess you should do a little bit more research, just btw... price of Digibyte is much more stable as the price of electroneum.
I`m holding 15x more electroneum than Digibyte. But we need to be still critical, thats why i`m asking

I am not interested in videos, but thecnical data. 560 tps is a joke these days. Wake up and smell the coffee.