About the Minimum capital requirements.
From what I can see it's in line with a lot of the requirements there in the US and NY.
And it's actually significantly lower then for some states, like Texas just to have a BATM or do any kind of crypto <-> fiat business that can easily hit $1million requiremets. So I don't see that as a big deal.
The rest of the privacy stuff is just plain nuts.
-Dave