> Even if your sending end is regulated, at the other end, there has to be a regulated bank.
Are you referring to some specific regulation here?
Are you referring to some specific regulation here?
Country A: person uses government regulated exchange/on-ramp to acquire crypto or mines it.
Country B: person receives crypto and trades it for local currency using a government regulated exchange
Which specific laws or regulations are being broken from which specific countries?
It doesn't work to tell the government that it isn't currency, they will just patiently explain to you that they decide that.
Did you really think that getting around money laundering laws is as easy as converting to nonmonetary assets before transfer?