I was just going through their onboarding until the ID verification. Still makes sense tho

That is correct. Interacting with traditional finance rails in Europe is a regulated activity. We need to abide by these rules in order to be able to give you: - a fully working VISA debit card - a personal vIBAN in your own name However, we design our products to work with your self-custody so tha...

This comes as a surprise?

I was excited about this until I saw on the site that it was kyc. There's not much point to the visa card if all your transactions are centralized, linked to your identity, and liable for 30% capital gains tax at every swipe.

Yes, but ever since I discovered about Wave Space, they require a KYC.