For me it's not. But it is the way of the government to avoid money laundering so we the people can't complain on it. I just think what if the owners also have the KYC right? I mean a procedure like KYC but for the owner for sure there will be changes on investing on crypto because we will have the assurance of not getting scammed.
In the future KYC will be more needed for sure cause there will be so much scam.