Quote from: White Christmas on November 05, 2019, 12:03:34 PM

Quote from: akeegan on May 02, 2019, 11:39:39 PM

Now that crypto is allowing us to transact globally I am questioning if we are going to start to see more scams happen between countries. Do we need more compliance companies to step in to help major scams and illegal trafficking?

We all know that their are some countries who are not accepting crypto and they don't have any issues or problem on what the people are getting from the crypto so they don't care about money laundering as long as it is about on crypto. If the government want to lessen the scams and illegal trafficking of the people in the crypto then they must need to accept bitcoin and crypto in their country so that it would be easy to track those people who are doing illegal in the cyber world or crypto world. In order to stop scams and illegal trafficking, we must first know how crypto is working and how the scammers are working in order for us to capture them.

Well, there's different instances in every country, some countries are accepting cryptocurrency as payment, some are not.

Cryptocurrency scams should be global issues, these became the hindrance for crypto to be adopted in all countries, because of this, there is fear, doubt in the government, that they crypto is a big scam, and this will effect the financial system.