Post
Topic
Board Bitcoin Discussion
Re: Why do people need to use Bitcoin for Money laundering?
by
CainCoin
on 13/09/2018, 01:41:22 UTC
Just because transferring money through a bank could be impossible at times because many banks have some anti-money-laundering mechanisms in place and they simply cannot transfer money without sufficient proof of its lawful origin. Bitcoin, unlike banks, doesn't require anything to transfer as much money as you wish with minimal fee at that. So, why shouldn't they use BTC?  Cool