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@melbourneswest
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The uptake of illegal activity on block chain is low to non existent as you mentioned above any and all transactions are traceable.

At current there is not enough money in crypto to be a thought on regulators minds and paying a fee for mixing is pointless.

Just wait for the cash to hit the bank account and work backwards.

Investigations cost money and as there is no real risk and cash in the actual economy a blip in the ocean it is not a concern to anyone other than the tax man.

Which you will find banks across the world have anti money laundering policies so once fiat enters if it hits a detectable amount or a lot of small amounts then flags commence.

People don't act straight away, they just wait and monitor and what happens is some of the big players will get a knock on the door 5 - 10 years later with every transaction, every exchange and in it will include attempts at hiding which in itself then raises laundering issues.

I don't know what other countries are like and I don't know why people are going hard on crypto. In Aus no one cares. We already have approved exchanges and its all legitimate.

Citizens are free to trade in crypto as they see fit if they lose cash bad luck.

Just the tax man wants their cut..... :(

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