The problem with making it difficult to join the 'financial system' is a double edged sword.
The fin industry & it's regulators have been so focused on 'control' and diomination of the crypto industry they forgot one small point.
If they don't include the crypto industry, if they don't support it in a meaningful way, then it is not included.
Which then leads to Quad-gate and the like.
'they' can't have their cake & eat it.