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Prohibiting the use of cryptocurrencies as a medium of exchange is an exercise in superfluity

​​The system of money-laundering was efficient and discreet, but it did not destabilise the financial system. But when the carriers are not refugees, the object of countertrade is not physically traceable, and the sheer volume of such transactions can challenge ‘macroeconomic and financial stability’, such a system is a cause for concern.

from Cryptocurrency-Markets-Economic Times https://ift.tt/3Cunvri

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