The thing is, even if we push for non-regulated, KYC-avoiding exchanges, it would only be a matter of time before regulatory pressure hits them no matter how 'free' they are from such constraints. Sure they can always be free from taxation, the usual regulation stuff etc. but the countries they would be servicing, especially people of these countries would be bound by their law and would not be able to use these services freely (see Binance v US). Most governments are pushing for market isolation and does not like the idea of their citizens transacting with international/off-shore exchanges (talk about globalization lol). We're in strange times: backwards development on everything and it's just a shame.

I just hope that a proper DEX would come out soon and avoid regulations like a champ. People will find a way, but the road would be hard that's for sure.