This wallet was created in the United States of America in 2015. It allows you to store Ether and ERC 20 tokens. It was aimed to countries all around the world. It's a multilingual wallet that supports over 14 different languages.
It allows individuals to build wallets on Myetherwallet; nevertheless, you should be aware that your assets are not stored on it, but rather in wallets generated through it. It's a middle ground between an exchange and a hardware wallet.
This wallet is unsuitable for you if you're seeking for a wallet that supports Althscoins other than ERC 20.
I did not do any know your customer identification upon registration because it is extremely simple.