"regulations that require institutions moving money between two parties to positively identify each of those two parties"

Any such kind of regulation is not compatible with financial privacy. Maybe you could argue corporations don't deserve financial privacy, but an individual should have the right to send money to someone without being spied on the same way they should have the right to send a private communication to someone without being spied on.

I agree. If I gave my mother $1000 cash nobody is expecting receipts and records. But if I send it through a bank or payment processor? Now all of a sudden im under suspicion of some bs terrorist or drug law violation.