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I don't think law makers ever expect a law to stop a criminal behaviour. Making it more difficult (remove apps, shut down web sites) is likely to have some impact though.

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What is the crime here exactly? Breaking up the financial cartels? Regardless, I have no doubt that the government will do their best to use this as yet another opportunity to steal wealth from their citizens.

You could consider it a crime to help facilitate actions that can be a danger to the society and individuals, like others have explained elsewhere in comments. This would be similar to unregulated lotteries, ponzi schemes, smoking bans, etc.

I definitely don't agree about criminalisation of cryptocurrencies (which also didn't happen), but there are valid points that are not only about stealing wealth.

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