There are dozens of other apps that do that already, and I don't think this one needs to follow. Staying open source, free, and convenient for cash transactions is better in my opinion.
Not really, the KYC is usually done on the payment layer depending on which payment platform you use. If you are doing your own ACH, yes, you will need KYC. But if you are using something like stripe connect or dots.dev then KYC is their problem.
