The Importance of Anonymity in Financial Privacy

She specifically said that financial privacy is good but it's not the same as anonymity which I thought was like a really interesting point to make. The best advice you could possibly give as a regulator is to say like if you don't want us to come down on you make sure you dot your eyes and cross your keys, she says. She also added that these d5 protocols need to register if they're doing activity that requires registration so this in combination with her comments around privacy and anonymity in d5 makes me think that her conception of d5 is not really d5 right?