The Dismissed that Bitcoin is Commonly Used for Illicid Purposes. (Illegal Transactions Comprise Less Than 1% of Bitcoin Circulations) The News

in #bitcoin6 years ago

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Mr. Quirion asserts that “Bitcoin is often blamed as a good tool for crime or money laundering,” adding that “Even Christine Lagarde, president of the International Monetary Fund (IMF) recently called for more regulation of cryptocurrencies to counter illegal activities.”

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The document concludes that “bitcoin is not above the law, nor is it a magnet for illicit transactions: it forms only a tiny part of the criminal money circulating around the planet” due to it being “less attractive for anyone who wants to make transactions without leaving a trace.......

Kindly click the link below to get the full details.

https://news.bitcoin.com/quebec-chief-scientist-rejects-myth-widespread-illicit-bitcoin-use/

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