The Financial Brand - Despite calls for a ban from both left and right, widespread ownership and technical challenges make it unlikely that the US will outlaw cryptocurrency

in blockchain •  11 months ago 

https://thefinancialbrand.com/news/cryptocurrency-banking/reality-check-can-jamie-dimon-or-anyone-else-close-down-crypto-172499/
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Concerns about cryptocurrency misuse exist across the political spectrum, but banning it completely is unlikely.

Senator Warren and CEOs agreed on anti-money laundering measures for crypto companies, while Dimon surprisingly advocated for a full ban.

Banning crypto is impractical due to widespread ownership, technical difficulties, and the existence of legitimate use cases beyond criminal activity.

What do you think?

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