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Universal Monk@sh.itjust.worksM to Cryptocurrency News@sh.itjust.worksEnglish · 1 month ago

Cryptocurrency may be evolving into a shadow banking system

www.msn.com

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Cryptocurrency may be evolving into a shadow banking system

www.msn.com

Universal Monk@sh.itjust.worksM to Cryptocurrency News@sh.itjust.worksEnglish · 1 month ago
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  • sapetoku@sh.itjust.works
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    1 month ago

    Always has been. Crypto is mostly money laundering and criminal activities.

    • Universal Monk@sh.itjust.worksOPM
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      1 month ago

      Actually, cash is used for money laundering and criminal activities much more than crypto.

      • LOLseas@sh.itjust.works
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        1 month ago

        This. So much this.

      • Peruvian_Skies@sh.itjust.works
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        1 month ago

        Crypto allows it to be done at a much larger scale. Caah is used more than crypto for everything other than speculation, but what really matters is that proportionally, crypto is more used for crime and money laundering than cash.

    • untakenusername@sh.itjust.works
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      1 month ago

      I wouldn’t say mostly, but yeah, its been used for that

  • Peruvian_Skies@sh.itjust.works
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    1 month ago

    The link won’t load the article unless I install the MSN app on my phone.

    • Universal Monk@sh.itjust.worksOPM
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      1 month ago

      Loads fine on mine.

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