Cryptocurrency is not stable. It’s like riding the stock market. In my opinion, using it in a real estate transaction should be illegal as it’s being used in place of US currency, which regulated by the federal government, with the US government standing behind it. You are right, it’s fertile ground for money laundering and getting around FIRPTA, the PATRIOT Act, Bank Secrecy Act and others. I would refuse to be involved in any transaction involving cryptocurrency.
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