# Why KYC is required for the auction, is there any compulsory law

**URL:** <https://forum.algorand.co/t/why-kyc-is-required-for-the-auction-is-there-any-compulsory-law/1245>\
**Category:** Uncategorized\
**Created:** [January 8, 2020, 7:43am UTC](https://forum.algorand.co/t/why-kyc-is-required-for-the-auction-is-there-any-compulsory-law/1245 "2020-01-08T07:43:46Z")\
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**Author:** ![Richard](https://avatars.discourse-cdn.com/v4/letter/r/f0a364/32.png) [@Richard](https://forum.algorand.co/u/Richard)\
**Post date:** [January 8, 2020, 7:43am UTC](https://forum.algorand.co/t/why-kyc-is-required-for-the-auction-is-there-any-compulsory-law/1245/1 "2020-01-08T07:43:46Z")

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why KYC is required for the auction? is there anything compulsory.

less buyers means less popular. we do not know why it limits too much.

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