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John McAfee: the fight against crime is not the duty of cryptocurrency firms

John-McAfee-the-fight-against-crime John McAfee | American entrepreneur and cryptocurrency enthusiast

American entrepreneur and cryptocurrency enthusiast John McAfee believes that cryptocurrency firms are not required to prevent the use of crypto assets for crime.

Washington D.C.-based news agency The Hill reports that although McAfee himself is concerned about the use of cryptocurrencies in illegal activities, he believes that cryptocurrency exchanges and companies should not monitor suspicious activity. 

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John McAfee: What’s the main issue with decentralized exchanges?

John-McAfee-main-issue-with-decentralized-exchanges John McAfee |

Well-known American entrepreneur and cryptocurrency enthusiast John McAfee believes that stablecoins are only an intermediate solution for decentralized exchanges.

McAfee mentioned the main problems associated with the conversion of fiat and cryptocurrencies on exchanges. According to him, stablecoins are not quite suitable for use on decentralized exchanges, given that such exchanges do not collect any information about users, including their names, addresses, insurance number, email, etc.

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