It's surprising how Gary Gensler criticizes the crypto industry while approving Bitcoin-ETF. Isn't this a contradiction?
I recently came across shocking statistics: $3.1 trillion in illegal funds pass through the traditional financial system. This includes drug trafficking, human trafficking, and terrorism financing. And you know what? Cash remains the primary tool for criminals.
It's strange that cryptocurrencies are under such scrutiny, while the traditional financial sector operates almost unimpeded.
If you're interested in learning more about the intersection of finance, regulation, and cryptocurrencies, read the article at the link.