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Why is crypto used for illegal activity?

As digital assets, cryptocurrencies are easily stored. The storage of the crypto wallet information requires no physical space, as opposed to piles of bills. This means that they do not attract the attention of thieves, nor, most importantly for criminals, of the authorities.Nov 2, 2021

Is accepting cryptocurrency illegal?

The cryptocurrency Bitcoin has raised financial concerns for governments worldwide. Despite its use for buying goods and services, there are still no uniform international laws that regulate Bitcoin. Many developed countries allow Bitcoin to be used, such as the U.S., Canada, and the U.K.

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