It isn't "any crypto activity"... it is "any financial activity". People trade all sorts of widgets all the time. It doesn't matter if it is crypto or beanie ba

It isn't "any crypto activity"... it is "any financial activity". People trade all sorts of widgets all the time. It doesn't matter if it is crypto or beanie babies. I also wouldn't call it laundering either. If you own something valuable, you should be able to sell it. Laundering implies nefarious interactions and it isn't always nefarious. In general, you can't travel with more than a few thousand $'s in cash. It is also personal safety risk. Having a way to travel the planet and convert locally as needed, seems like a valuable service, for regular people. Of course one might say that you should use 'credit/debit cards' or services like western union... but if you've actually done travel to more 'out there' locations, that isn't always an option, full of high fees or just very difficult to use (things like language barriers and time delays).