US Launches Quiet Crackdown On Cryptocurrencies
[6 Points] None:
[3 Points] cantsmokeme:
Sensationalist title. They're doing blockchain analysis to see if it's possible terrorist groups are using crypto's to funnel money. Not necessarily a crackdown.
[3 Points] ShavingRaisins53:
Zerohedge.com? That's like the Breitbart of investing news. Of course they are doing block chain analysis to look for anything they can find. But get this, FINCEN has roughly 350 employees to tackle traditional money laundering already. Once you understand the size and scope of money laundering in the US alone, you will see how small of a fish you are. Then P/E ratios come into play, and as you realize that some experts say 300 billion alone is laundered every year, and the implications for the stock market well... Usually people start wearing tinfoil hats lol.
*Clearnet Links Summary of 2015 National Money Laundering Risk Assessment.
http://bankingjournal.aba.com/2015/06/treasury-u-s-money-laundering-totals-300b-annually/
And just in case you didn't already know... FINCEN
https://en.m.wikipedia.org/wiki/Financial_Crimes_Enforcement_Network
Stay safe kids!
[1 Points] bluebeansyayy:
That's the most fucking bullshit title ever. I wasted precious seconds I could have been using to masterbate and subsequently responding...
[removed]