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The Curse of the War on Cash | Cato Institute

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They compromise financial privacy and enable the prosecution of victimless crimes wherever banks are required to “know their customers” and to provide transaction records to government officials.

From The Curse of the War on Cash | Cato Institute.

Now, I am somewhat sympathetic to Larry’s view here but I wonder if national regulators would be happy with the categorisation of KYC as 

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