PANews reported on December 24 that the Bank of Italy pointed out in its 893rd research paper "Money Laundering and Blockchain: Can You Trace the Traces of the Crypto World?" published in November 2024 that some websites such as kycnot.me provide a list of P2P services that do not require customer identity verification (KYC), which is classified as "Crime-as-a-Service". The anonymity and lack of supervision of such services make them an important tool for money laundering, especially in jurisdictions that lack effective anti-money laundering regulations.

Bank of Italy paper classifies P2P services without KYC as “crime as a service”