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Re:Illicit activity a tiny part of cryptocurrency use by ska on Thursday January 06, 2022 @05:07PM (#29831029)
It's not really US-centric, although it is an assumption. At least a large fraction of jurisdictions require reporting of this, and may also require it for transfers, FX etc.

It's probably a reasonable assumption that a significant amount (majority?) of blockchain activity is breaking tax and reporting laws somewhere, albeit some of it a mostly technology-outpacing-legislation way rather than intentional.

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