For me, it's an idiotic move by the terrorists if they would use crypto as a medium to finance their counterparts in Asia, specifically the Philippines. Converting crypto to fiat, they would use exchanges, dito pa lang ay masusunog na sila sapagkat mapilitan silang ibigay ang kanilang documents for KYC purposes.
The second phase refers to an exchange of these crypto assets into fiat money which, then, returns the funds to the legal money cycle. In crypto only exchanges, cryptocurrencies can be exchanged with one another.
Yong sa Marawi, shabu ang pinagkukunan nila ng pondo para sa kanilang illegal activities, courtesy of the Maute Bros.
Fiat money pa rin ang pinakamainam na paraan para magtago ng pera.
Pero kung ito'y may katiting na katotohanan ay kabahan na tayo dahil hihigpitan na ng gobyerno natin yong paggamit sa crypto.