How will this affect me?

The Global KYC prompt in-app to existing users as early as 5/5/2021, while others saw it a few days later. 

International Users: 

Users who had less than $2,000 USD (equivalent) in their wallet needed to complete the KYC process and be approved by May 25, 2021.
If they did not complete the Global KYC process and were approved, the wallet was limited to withdraw-only.
-Users were unable to deposit additional funds

-Users were unable to use the ‘send feature’ to send and receive funds.

Users with more than $2,000 USD (equivalent)in their wallet needed to complete the KYC process and be approved by May 25, 2021.
Users who had not completed the Global KYC process and been approved were unable to deposit, exchange or withdraw.
-Users were unable to deposit additional funds.
-Users were unable to exchange funds.
-Users were unable to withdraw funds.
-Users were unable to use the ‘send feature’ to send and receive funds.

Users were only allowed three attempts to trade (exchange) or add money before being forced to complete KYC.

US Users: 
As of June 15th, 2023 Abra stopped providing retail services to Abra users in the United States. Due to this users who completed Global KYC prior to June 15th, 2023 will be able to withdraw funds to an external wallet/exchange if the funds meet the minimum + network fee. 

If you are a US user and have not completed Global KYC prior to June 15th, 2023 any funds left within the Abra wallet are considered lost.