It is the central theme of Bitcoin. But it is also the central theme of all banking systems in the world that, despite being Regulated, work so that they can also be used to guarantee the anonymity of the "Owners of Money". Bitcoin is not anonymous ... but if you control the "Exchange" .... but if you control the "Bank" In addition, we have to relate this issue to the Price Manipulation caused by Self-Regulation of Whales that circulate a lot of money at very low rates. There are many articles on this subject: https://fintechzoom.com/fintech-news-bitcoin-news/bitcoins-price-manipulation-by-whales-will-diminish-with-increased-adoption/

Essential or Destructive?
Digital banks are capable of tracing fraudulent activities by customers via the use of the Know Your Customer (KYC) verification process and with the integration into crypto exchanges, there is a makeover in the exchange platforms (https://fintechzoom.com/crypto-exchange-no-kyc/). The activities and transactions of clients on crypto exchanges can likewise be monitored.

The crypto market needs this service? or it´s the beginning of Gov Regulation?