Cryptocurrency may be evolving into a shadow banking system (www.msn.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[-] [email protected] 1 points 2 months ago

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

[-] [email protected] 1 points 2 months ago

Loads fine on mine.

[-] [email protected] 1 points 2 months ago

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

[-] [email protected] 4 points 2 months ago

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

[-] [email protected] 3 points 2 months ago

This. So much this.

[-] [email protected] 0 points 2 months 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.

[-] [email protected] 1 points 2 months ago

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

this post was submitted on 28 Apr 2025

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