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UK financial industry brings $100 billion dirty money a year into the country. If the banks support the crypto they can double that amount in short span of time
by throwawycrptp 4y ago
UK financial industry brings $100 billion dirty money a year into the country. If the banks support the crypto they can double that amount in short span of time.
I think UK could do it.
- TacticalCoder 4y ago> UK financial industry brings $100 billion dirty money a year into the country. Official estimates says, depending on the source, that from 1.5% up to 5% of the world's GDP is tied to criminal activities. The GDP is about 100 trillion. Cryptos are a complete insignificant drop in the bucket. Even if 100% of cryptos were linked to crime, it's still be absolutely nothing compared to the actual criminal activities ongoing (like drug trafficking) and the percentage of the worldwide GDP they represent.