> Allowing anonymous users to shift from one crypto to another could be part of a money laundering routine. It does not have to include any fiat currency in the

> Allowing anonymous users to shift from one crypto to another could be part of a money laundering routine. It does not have to include any fiat currency in the flow. What's the point? That's like exchanging cash for cash. I guess you could use it to "launder" crypto in the sense that you can make transfers off-chain. The exchange still has those records though, they don't need KYC to provide them, if necessary.