Digital assets only revolutionized the monetary system, as it is a decentralized system, the state cannot control it and nowadays many companies have realized the great potential of these assets and started to adhere to the coins as well as reserve value.
But the US Federal Revenue decided to investigate the binance broker for money laundering, however, money laundering will always exist no matter if it will be in crypto or fiat currencies, in any area there are people with bad indoles there will be money laundering, so it's no use.
However, the government only wants to take part of the capital, because in fact the vast majority of the money invested there is honest money, which people worked hard to earn. The government, however, just wants to have control of the money you have, and all this to earn over people in the form of taxes to pay for their own expenses - the politicians.
What becomes an unacceptable action, since wherever you go and spend your money, there are taxes in the middle, be it on a supermarket product, on your water bill, on the purchase of a car, on the purchase of even a bullet. In addition to the government collecting taxes from the person's money, it also collects every day when you decide to buy something.
The tax is everywhere, and this investigation is being done only for the government to control its own money. You take your capital invest, earn money and you need to pay a part to the government, that is, your achievement needs to be divided with it.
Prosecution against Binance
Despite the fact that binance follows all American rules, even blocking all American accounts as well as the IP of its global platform, the Internal Revenue Service still accuses Binance of helping the laundering of money by American citizens.
The reason for this is the dollar which is currently the global currency, and binance as the largest decentralized cryptocurrency exchange in the world presents itself as a threat to the dollar pattern.
However, this is not something that threatens only the dollar.
Their real fear is to lose the power they have over people. If tomorrow the government had no way of taking money from people, they would have to start listening to people's claims and not controlling people as they currently do.
Recently, people were surprised by Elon Musk saying that the tesla would stop accepting BTC because of the pollution. Some say the real reason for doing so is the US government that threatened to cut Tesla's subsidy if it continued to promote cryptocurrencies.