Transcript

The Hidden Risk of Cryptocurrency: Is Crypto Helping Rogue Nations? | Ken Winans · Winning With Winans!

speaker-0: I I am a certified cryptocurrency trader. I went through the blockchain council accreditation. I find it very fascinating. And it is true that most of our major financial industries do or institutions have their own blockchain technologies. So by all means, I think it's gonna go on for quite a while. But here's the deal. And I think that we need to come to terms with this. Somehow, some way, is being used. ⁓ I'm talking about crypto exchanges. It is being used as a I'm gonna assume an unwilling accomplice to help rogue nations avoid sanctions quite frankly ⁓ per ⁓ perform black market operations. We had this concern about the drug cartels in Central and South America using curr ⁓ crypto. We had concerns about the Russians doing this. Well, now it's spreading over into how are Chinese buying Iran Iranian oil? Again, we need answer these before we make this mainstream in the United States. I I think it's wise that the Congress slow up and get answers to this.