KYC, Bitcoin, And The Failed Hopes Of AML Policies: Tracking Funds On-chain

Why do we erect expensive AML gates and push the bad guys from crypto towards hardly traceable cash, when on-chain analytics can track them down by following the money?

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KYC, Bitcoin, And The Failed Hopes Of AML Policies: Tracking Funds On-chain

Source: Bitcoin Magazine

Why do we erect expensive AML gates and push the bad guys from crypto towards hardly traceable cash, when on-chain analytics can track them down by following the money?