Why should I be outraged about that? The US and Caymans are two very competent jurisdictions hosting financial centers. These countries were formed for liquidi

Why should I be outraged about that? The US and Caymans are two very competent jurisdictions hosting financial centers. These countries were formed for liquidity and securitization of resources. Other countries did not prioritize those things, or were not co-opted by entrepreneurs seeking those things, and it shows. I personally think the outrage should come from the compliance burdens necessary, as KYC should just be sold as a data collection that the government wants, instead of as a terrorist financing prevention method that it is incapable of doing. As the latter, the whole regime should be abolished, but as the former its just par for course. Government wants data, so what.