Post
Topic
Board Press
Re: [2017-11-02] Banks staying away from bitcoin 'bubble' due to money laundering
by
augmentedinvestor
on 12/11/2017, 02:24:28 UTC
In my opinion, scare-mongering at its finest through confounding the issue. Writing off Bitcoin for money-laundering is contradictory coming from banks.

But I can also understand from the bank's perspective that they need to release news like this to create perception that they are doing everything they can to avoid being associated with money-laundering because almost all banks fall susceptible to it in some way and potential fines/shareholder value is on the table.