Can cryptocurrencies be used for illegal activities?
- Submitted by 1 year ago
1
Answer
940
Harry Mitchell
Answered 1 year ago
While cryptocurrencies can be used for illegal activities due to their pseudonymous nature, the majority of cryptocurrency transactions are legitimate. However, the potential for illicit use, such as money laundering and purchasing illegal goods or services, has been a concern for regulators and law enforcement agencies.
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