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by kenniskrag 2067 days ago
Or you just can't exchange crypto currencies against dollars because the finance industry is already regulated and has to follow the rules.
2 comments

All really has to happen is to make ACH transfers to cryptocurrency exchanges illegal. Banks will very happily comply with blocking those transactions.
You could just buy and sell them for cash, you don't need banks for that
Depends on the country but if you exchange money you have to comply with regulatory rules.
Rules are only interesting when it's likely that you can be forced to follow them. In this case, they're not germane.