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This type of result is unavoidable with anonymous cryptocurrency, and it will only get worse if we continue to accept anonymous transfers as a legitimate source
by manholio 4y ago
This type of result is unavoidable with anonymous cryptocurrency, and it will only get worse if we continue to accept anonymous transfers as a legitimate source of income. The new European MiCA regulation goes a long way into establishing traceability in crypto-transactions, but is still short of what's required.
Essentially, the whole current lot of cryptocurrencies should be detached from financial markets because they operate, by design, like a large money laundry service.