If the report for KYC does not affect all transaction activities maybe I will not give. because for me the identity must be properly protected because it is very dangerous to give to authorities that we don't know or may not even trust. It is bad for crypto if it will be use in shady transaction but if it will be use correctly then it will not that bad at all, let's just hope that every exchange will tighten their security so hackers cannot penetrate their databases.