Crypto is very trackable and especially when cashing out. Only countries without kyc/aml protections allow individuals to cash out illicit crypto and that's only a small fraction.
Most of crypto is built on speculation which results in direct losses to consumers. And extensive and endless hacks, which is just another tax on consumers. Very little of bitcoin or any cryptocurrency is used for drugs, terrorism or other serious crimes.
Real world money laundering (trade based etc) is 500x that of bitcoin and real world drug dealing is at least 1000x greater than darknet markets.
Most of crypto is built on speculation which results in direct losses to consumers. And extensive and endless hacks, which is just another tax on consumers. Very little of bitcoin or any cryptocurrency is used for drugs, terrorism or other serious crimes.
Real world money laundering (trade based etc) is 500x that of bitcoin and real world drug dealing is at least 1000x greater than darknet markets.