In order for a state to make KYC equitable for all people the legislation should lay out government infrastructure for providing the KYC verification. Having the private market do it is just a way to secretly disenfranchise huge segments of the population giving them no possible recourse for false positive rejections.

This proposal's end results will be banks and other corporations doing the KYC and those types of corporations will mistakenly deny service to tens of thousands of people in order to prevent one actual real positive from making it through.