If you subscribe to the belief that criminal activity is a drain on society then there is a case for trying to combat it. Then it becomes a question of "do the

If you subscribe to the belief that criminal activity is a drain on society then there is a case for trying to combat it. Then it becomes a question of "do these KYC laws cost more to society than the crimes they prevent?" That is a harder question, but it is hard to overstate the amount of damage to a society rampant corruption and crime can cause and the benefits of allowing anonymous finance are somewhat more nebulous.