Does BitMEX need KYC?

I understand that many traders and investors are interested in using BitMEX for their cryptocurrency trading activities, but are also concerned about the platform's KYC (Know Your Customer) requirements. So, I have to ask - does BitMEX require KYC verification for its users? It's important for traders to understand the platform's policies and regulations, especially when it comes to verifying their identity and complying with local laws. Can you provide any insight into BitMEX's KYC procedures, and whether or not they are mandatory for using the platform?