That's the reason they're giving us, the reality is Cryptos are less than 1% of the global economy, most criminal activity is STILL carried out using $ and £.
So if they cant stop crims from using fiat, are they going to be more, or less successful stopping crims from using cryptos.
The reality is, cryptos are a threat to fiat, and they want to strangle it to death with 'regulation' under the guise of 'protecting' us.