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I think many [cryptocurrencies] are used, at least in a transaction sense, mainly for illicit financing and I think we really need to examine ways in which we can curtail their use and make sure that anti-money laundering doesn’t occur through those channels,” Yellen said Tuesday in remarks reported by Coindesk.
originally posted by: Bluntone22
a reply to: Irishhaf
How long did people think crypto would go unregulated?
There is tax revenue to be had.
originally posted by: Quantumgamer1776
They don’t care about the terrorism, they just care about getting their cut when money moves around.
My guess is they will just try to tax crypto gains more, which will lead to people getting better at hiding their crypto gains.