It is really bad the way we are going about KYC in the crypto sphere these days. Every little thing, kyc is been require which is not supposed to be so. It can be very annoying seeing an airdrop of $1 asking for kyc, i actually don't blame them but i blammed those taking part in it.
1$ only for KYC data, are you kidding me?
it's not comparable, KYC data is very important even they could use it for something illegal. and people easily provide that data only for tokens worth 1$.
I don't think this is a wrong rule, but those who easily provide KYC data that have to be questioned. KYC is good for accelerating adoption because KYC is one part of the prevention of anti-money laundering. if everyone agrees with this maybe the government can more soften and legalize crypto completely.