Mandotary KYC for Defi platforms? LOL that's a joke?
Unfortunately, not. What do you expect? They are pushing CBDCs, they are trying to put fear into people with the survival kit to spend a lot on armaments that people are going to pay for through inflation and worse public services, they are pushing digital identity for total control worthy of 1984, that they want to control everything that is done in the DEX is just a logical consequence of the totalitarian state we are heading towards.
You want to know what I think?
They do not actually believe they will be able to implement many of these new regulations on truly decentralised services. What they are doing is testing how far they can succeed with tightning and enforcing regulations before they start forcing CBDCs on everyone.
Fear only works in the short term. They want to find long term ways of keeping everyone in a decentralised future under control.