It is clear the US government want the only way to use bitcoin to be through fully KYCed centralized exchanges. They are trying their hardest to absorb bitcoin in to the existing fiat system and surveillance state, and destroy the very thing that bitcoin is.
What can you do about it? Get your coins off of any centralized exchange and in to your own wallet. Close your KYCed accounts and refuse to ever complete KYC again. Use privacy tools. Anonymize your coins. Refuse to use any service or product which treats bitcoin as non-fungible and discriminates against or censors certain coins. Bitcoin was not made to become an off-shoot of the fiat system, to be another tool by which the government can can surveil, censor, and control. And if you happen to live in the US, start contacting your representatives about this draconian piece of legislation.
Surely that’s a Draconian policy but by some means, the centralized exchanges have got a place in the cryptospace. Not just about there ease of operation but, these exchanges bridge the gap and resolve a simple issue of trust between both parties in a p2p trade with them serving as escrow. They also ensure you remain anonymous to the other party in a p2p trade but, not to them if I must make that clear.
There need to exists within a jurisdiction places them under certain laws which demands compliance at all level and as much as that is bad for business in the cryptospace, it’s something really useful to the government. I’m the absences of proper subsidiaries, it’s hard not to use.