My bet is that they are afraid of regulators fining them. The multi-billion dollar fines they received over the last few years constitutes a significant portion

My bet is that they are afraid of regulators fining them. The multi-billion dollar fines they received over the last few years constitutes a significant portion of their profits and has probably made them hyper-vigilant. One of the unintended consequences of the Total Information Awareness / financial mass-surveillance AML/KYC movement is banks derisking at the expense of marginalized people and industries: https://www.reddit.com/r/MakerDAO/comments/de0sys/kyc_is_absolutely_not_acceptable_for_makerdao/ https://www.reddit.com/r/MakerDAO/comments/de0sys/kyc_is_abs...