According to Flood (@ThinkingUSD), in a No KYC environment, the filtration of illicit funds could rely on taxing off-ramps at extreme rates (90%+), particularly when users cannot provide proof of funds or source of funds. This approach aims to deter money laundering but could also significantly affect trading strategies, liquidity, and capital flows within the cryptocurrency market (source: Twitter, May 29, 2025). Traders may need to adjust risk management and off-ramp strategies, as such high taxes could reduce arbitrage opportunities, increase holding periods, and encourage on-chain activity over fiat conversion. The suggestion highlights the ongoing challenge of balancing regulatory compliance with market efficiency in crypto trading.