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Prohibiting the use of cryptocurrencies as a medium of exchange is an exercise in superfluity
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In the 20th century, one of the easiest ways to transfer and exchange articles of value was through the process of countertrade. A refugee fleeing Nazi Germany could carry the equivalent of thousands of dollars through rare postage stamps pasted on a used envelope.
Upon reaching a safe haven, these stamps could be traded at an exchange for money, other stamps, or bartered for something else. The system of money-laundering was efficient and
. Read more on economictimes.indiatimes.comAbout this in other media
Singapore suspends crypto exchange over row with K-pop band BTS theguardian.com /3 years ago
WisdomTree launches four cryptocurrency indices in US and Europe cointelegraph.com /3 years ago
Crypto.com will acquire two US-based exchanges from IG Group, in $216 million deal ambcrypto.com /3 years ago
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