I'm not surprised with news like this. although this story is not necessarily true. what happened in Asia, I do not feel surprised. especially in developing countries or the denser population. instead of using that can lead to crime, in fact their officials are corrupt. this is actually a polemic in Asia.
Yes, I quite agree with you.
Indeed, official corruption in Asian countries is common, and officials can move their assets to the country at will through cryptocurrency.
I think this is something that Asian countries don't allow, so they reject encrypted cryptocurrency.
Laws in Asian countries is not complete as developed countries. Their technology and laws are not enough to manage virtual currency transactions. There is a risk of money laundering or delinquent transactions