Crypto technology offers tools like payment, lending, borrowing, and saving to anyone with an internet connection. Proponents argue that stricter regulations would deter criminal use. Opponents argue that stricter crypto regulation would limit financial opportunities to citizens that are denied access to or can't afford the fees associated with traditional banking.
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Yes, but mainly for its use in criminal activities, like for buying CSAM material for example, or for preventing predatory businesses and individuals from scamming gullible people, like the "pump and dump" scheme. But other than that, cryptocurrencies, when regulated fairly, are actually good as yet another payment option.
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