Regulators will try to ban #Monero because they can't control it, saying it is a tool for money laundering, but banks are the biggest money launderers, because they have the most liquidity.

Let's see.

Major financial institutions implicated in money laundering:

—Wachovia Bank, which allowed drug cartels in Mexico to launder close to USD 390 billion between 2004 and 2007

—The Bank of Credit and Commerce International (BCCI), which was charged with conspiring to launder USD 32 million in profits from alleged drug sales

—Danske Bank, which was involved in a money laundering scandal estimated to involve up to USD 230 billion

—Standard Chartered Bank, which faced legal actions for money laundering and was fined USD 667 million in 2012

—HSBC, which was fined USD 1.9 billion in 2012 for failing to prevent money laundering[5].

-Major Money Laundering Countries

https://sanctionscanner.com/blog/major-money-laundering-countries-251

-The Five Biggest Money Laundering Scandals

https://sanctionscanner.com/blog/the-five-biggest-money-laundering-scandals-317

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Discussion

Who uses crypto to launder money?

Why would you bother? Just buy gift cards. Can buy a car with crypto too.