I think it's feasible to define "proof of waste" in a way that makes it possible to ban it, in the same way and the same rationale as you can't sell inefficient vehicle engines or lightbulbs.
Anonymous/pseudonymous money, unregulated securities, gambling, etc. are already on a collision course with regulators who are largely unable to keep up. On the other hand, I don't think the problem is big enough to trigger massive action yet, it would have to be on the scale of 1MDB.
Anonymous/pseudonymous money, unregulated securities, gambling, etc. are already on a collision course with regulators who are largely unable to keep up. On the other hand, I don't think the problem is big enough to trigger massive action yet, it would have to be on the scale of 1MDB.