The only problem is that the exchanges will be required to report withdrawals to the authorities as well.
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The only problem is that the exchanges will be required to report withdrawals to the authorities as well.
Yes, it will be far from perfect. But, I imagine you'll see the Local Bitcoins traffic spike right back up, and the market will always find ways to launder money. The amount of people that launder will be mostly based on how likely they are to be caught and how easy it is. I think crypto does make it both easier to do and easier to get away with than before Bitcoin was an option.