Crypto Myth DEBUNKED #crypto #cryptocurrency #cryptonews #cryptocurrencynews #bitcoin #ethereum #btc
In recent years, the world of cryptocurrencies and blockchain has exploded, but a lack of understanding surrounding this technology has led to a number of false beliefs and misconceptions. One of the most common misconceptions is that crypto is only used by criminals. However, data shows that crypto is mainly used by ordinary people and exists as a legitimate tool for everyday transactions. In fact, only around 0.15% of crypto transactions involve illicit activity. Law enforcement agencies remain the spearhead of the collective fight against crime, and partnering closely with crypto companies has been a top priority for agencies globally. The Financial Action Task Force (FATF) has issued standards for virtual assets mirroring the ones for fiat, but implementation has lagged behind. The vast majority of crypto transactions and investments are legitimate, focused on real-world use cases, and have the potential to transform the global economy.
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**INCLUDING USE OF GIFS, MEMES, EMOJIS ETC**
