Crypto owners especially who does trading occasionally or regularly, everyone is facing two big problem
1. Compromising their privacy because these exchanges will ask your KYC at some point
2. Risking of losing fund from a hack.

Now when government agencies ask for clients details then it is worse. We really need more people to be in crypto so that we can find available people in our local area or even in the shops where people can exchange their crypto openly without losing their privacy and risking to keep their coins to a vulnerable area.