Can Buying Crypto Make You a Criminal?

Russia’s Central Bank has issued a warning: buying crypto with fiat could get you entangled in criminal activity. Here's the scenario they describe:

“When someone tries to buy crypto through an unlicensed exchange, the platform matches them with sellers whose funds might be linked to terrorism or other illegal activity. The buyer sends fiat directly to the seller’s card - and unknowingly becomes part of a criminal financing scheme.”

So basically:

• You send fiat to buy crypto.
• The recipient uses that fiat for shady stuff.
• Boom - you're now an accidental accomplice.

But wait… why is crypto even the focus here?

What if I go to the market, buy some veggies, and the vendor uses the cash to fund a crime? Does that make me a criminal too?

Seems like crypto is being thrown in just to stir up fear. Regulators around the world don’t want you buying crypto - they want you stuck in the fiat system.

But here’s the thing:
The more someone tries to tell me what I can and can’t do with my money, the less I want to play by their rules. Especially when it’s done through manipulative scare tactics.

If you want to deal with regulators as little as possible - reduce your dependence on fiat.

Crypto payments are more accessible than ever. And even if different services accept different coins, it’s easy to swap between them.

For fast, private, fiat-free crypto swaps at top rates - welcome to rabbit.io