>like not needing to comply with KYC laws You can also not comply with KYC laws in the traditional banking system; you're just going to get roflstomp'd by the

>like not needing to comply with KYC laws You can also not comply with KYC laws in the traditional banking system; you're just going to get roflstomp'd by the financial authorities, c.f. $200mm fine for Deutsche Bank for insufficient AML/KYC controls in 2012-2015 time period. Why would you imagine the result will be any different for crypto-banking? FinCEN is already promoting KYC for exchange-hosted wallets.