It would not. They're financially motivated to do what they want. They will find a way around it. i.e. scaming the elderly to sign up for cloud services and pro

It would not. They're financially motivated to do what they want. They will find a way around it. i.e. scaming the elderly to sign up for cloud services and proxying their KYC requirements. There are scamers who walk seniors to sign up through Coinbase, the KYC requirements, to order bitcoin.