in my own opinion the usa is actually a free country in terms of individuals and they don't care about any individual rights of each person. but if the US government requires everyone to participate in KYC before participating in the cryptocurrency market, then they are actually implementing a greedy scheme to make profits for their government.
Binance has implemented KYC and this is the first step that crypto is no longer anonymous, I believe this will soon be followed by other exchanges, many countries see opportunities from crypto to monitor transactions and owners so I believe implementing KYC is pressure from the state.
Crypto marketcap especially bitcoin is getting bigger and has reached more than $925 billion, this high amount and beat my country's foreign exchange reserves. Even I'm sure only a few countries have foreign exchange as big as bitcoin marketcap, it's only natural that the Hongkong government pressures Binance to implement KYC so they can confiscate suspected bitcoin assets government and interpol, it's better to immediately move assets to another wallet before they freeze accounts that are not KYC verified.