Summary

Donald Trump’s potential loosening of cryptocurrency regulations as president could benefit extremist groups like neo-Nazis and terrorists who use crypto for anonymous fundraising.

Far-right groups, such as the Base, already solicit Bitcoin and Monero for training and supplies, exploiting crypto’s anonymity to evade financial scrutiny.

While Biden’s administration has cracked down on crypto over national security concerns, Trump’s pro-crypto policies and appointments could accelerate extremist financing.

Analysts warn that weak private sector oversight and a lack of regulatory enforcement enable such activities, raising concerns about future abuse of cryptocurrencies.

  • horse_battery_staple@lemmy.world
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    15 days ago

    Nazis sure do love to threaten violence and normalize fear.

    some Nazis with their Kar98k might shoot you,

    That’s a mighty specific rifle you mentioned there. You like to collect curios there bud?

    Your account is an hour old and your only comment history is defending Nazis, with a username that refers to Hunter Biden. What were your other usernames?