Let's take drug money as an example - the solution here is to legalize and control substances, not criminalize them and then ban something totally unrelated (blockchain technology). This is patching a symptom rather than fixing the root cause which never works out.

And most importantly, withholding blockchain technology is not a solution to money laundering - it is happening already with legacy systems.

Fixing money laundering is not the priority here - we can look at fixing this later in our journey.