KYC achieves two things only - mass surveillance, data harvesting, and control on behalf of your government and a variety of three letter agencies, and innocent people having their identities stolen.
The goal is having every detailed information about everyone in stock.
You see, even if I'll say they don't have full control over crypto - apart from some minor restrictions - you would wanna agree right?? But don't you think that as long as HODLERS are made to pay a certain percentage Which is invariably proportional to Thier staked coins, the governs still got our stock on Thier finger tips?? Cus from calculating the net expenditures/ profit annually, on due percentage stat, they could value your asset and decide to take actions from there... I meannn, this are all tools to enhance Thier policies... Meanwhile in crypto, pseudonymity rules the system. Bitcoin has turned out the largest digital exchange and I bet they'll keep trying effortlessly to break the silence.