Quote from: shivamtrivedi9090 on Today at 10:54:47 AM

Many people criticizing the cryptocurrency for Money Laundering. Many cases had seen of money laundering via BTC. But money laundering is still possible in the banking systems as well. And all of us had seen these cases as well.
Currently, the cryptocurrency industry has also been criticized for being a tool for money laundering, despite statistics stating otherwise. It is estimated that only 1.1% of all cryptocurrency transactions are illicit. All we need to know the hidden truths of money laundering.
With the growing use of the Bitcoin network, 42 million Bitcoin wallets, and counting, it is becoming increasingly possible to track transactions on public blockchains, while private banking transactions remain hidden in plain sight.

That's correct, in fact, money laundering as more cases using fiat and even moving money from bank to bank, that's why the regulators are aiming to strengthen the guidelines in order to prevent money laundering. However, criminals will always find a way to launder money, and they see crypto as the best platform to use and I believe if the government are really into their purpose which is to minimize money laundering, they should fully regulate the market.

The market will then be safer especially for investors as long as the regulars are doing their job in good faith.