When you read today’s headlines, it’s easy to think that cryptocurrencies are only for criminals. Stories like “Bitcoin for criminals” or “Stablecoins used for money laundering” pop up everywhere. Even regular investors may start believing crypto is risky — but the truth is quite the opposite.

Facts over fear – What’s the real link between crypto and crime?

According to international data, cryptocurrencies represent only a small fraction of global illicit financial flows. Most crypto activity is completely legal.
In 2024, illegal transactions accounted for just 0.14% of total blockchain volume — meaning over 99.8% of all transfers were legitimate.

Easy to blame crypto – But what about traditional banks?

That share has remained low for years. In contrast, traditional banks handle an estimated 2–5% of global GDP in illicit funds. The difference? Blockchain is transparent — every transaction can be tracked. In the traditional system, much of this activity stays hidden, yet media portray crypto as the main culprit.

Money laundering? Crypto isn’t ideal for that

Another myth says bitcoin and other cryptos are perfect for laundering dirty money. In fact, blockchain is public and every transfer traceable.
In 2024, addresses linked to illicit activity received about $51 billion — less than 1% of global illegal financial flows. For organized crime, cash or traditional banking remains far more convenient.

Stablecoins aren’t the scapegoat of crypto

Critics often claim stablecoins are tools for rule evasion. Data says otherwise.
While they made up roughly two-thirds of illegal crypto transactions in 2024, most of their use was legitimate. Stablecoins offer investors a stable alternative to traditional currency, enabling fast transfers and safe value storage. Under the EU’s MiCA regulation, oversight has become stricter, making the market safer and more transparent for investors.

Decentralized doesn’t mean defenseless – How blockchain fights crime

Advanced analytics can now identify wallets linked to criminal activity and block suspicious transfers instantly. Regulators target both centralized exchanges and decentralized bridges between blockchains, further limiting abuse. As a result, crypto crime keeps shrinking, while legitimate use expands rapidly. Cryptocurrencies also bring real advantages: fast cross-border payments, inflation protection, access to underserved markets, and efficient management of digital assets.

Myths keep you stuck in the past – Think rationally, not emotionally

The idea that cryptocurrencies are for criminals is outdated. Blockchain provides transparency, regulation ensures safety, and over 99% of activity is legal. Bitcoin, ethereum, and stablecoins are now part of the mainstream investment landscape — used by millions of ordinary people seeking speed, security, and diversification.