Well, this is possible to happen because most of the nations are now creating and improving their regulations policies to ensure that Bitcoin currency will not be use in illegal activities which is really very effective. KYC alone although a difficult task but its proven effective in which people background can now be identified. I believed this is the reason too on why the demand of Bitcoin and the crypro currency is reducing because some of it are formerly owns by the illegal people.
KYC norms however strictly implemented cannot eliminate the dark use of bitcoin absolutely from the scene. Criminals everywhere may find a way out to give fuel to their selfish motives. In fact, criminals lately have been using the crypto market in abundance of their transactions because no responsibility can be fixed here and it is easy to escape from the responsibilities.
Well as the facts n figures suggest that the use of the bitcoin on this side has considerably declined, then it is surely a positive kick start to a better crypto world. Let's just hope the situations stay well in control!