KYC is beneficial to every genuine crypto user, as it help to fight against fraud by reviewing the identity of every crypto person. Though some person don't like it as it sometimes slow transaction due to delay in approval of KYC documents.
It is not a big issue that transaction become slows due to KYC approval, I think KYC is very much important in any work that is deal on internet because KYC help people a lot in the identity of other and the usage of KYC reduced the risk of scamming as it become the great issue now a day and especially in crypto world the scamming has becoming very easy but the KYC could control it but the thing is that this KYC must be in safe hands.