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How "cash to crypto" swaps allow users everywhere to convert national currencies to stablecoins and then debit cards, avoiding financial oversight and sanctions (Aaron Krolik/New York Times) from Techmeme RSS feed.
How "cash to crypto" swaps allow users everywhere to convert national currencies to stablecoins and then debit cards, avoiding financial oversight and sanctions (Aaron Krolik/New York Times)
Aaron Krolik / New York Times:
How “cash to crypto” swaps allow users everywhere to convert national currencies to stablecoins and then debit cards, avoiding financial oversight and sanctions — Smugglers, money launderers and people facing sanctions once relied on diamonds, gold and artwork to store illicit fortunes.