If big players get in crypto and all these regulations take place KYC will be normal thing for any serious crypto project. Governments will not accept crypto without knowing who is using it.
But in this case main idea crypto will become lost. We get another digital "paradise" without any chance to make own choice. Because privacy coins will be killed in such case
Yes, but I really don't see how those big players will allow something that big like financial system to run without allowing them insight.
To have real crypto space people would need to organize financial system on top of cryptocurrencies by themselves without big players but I think we are not on that level yet.