The very raison d’etre  of cryptocurrencies is that they bypass established  intermediation and control arrangements 7 that ensure integrity of financial transactions, such as Know-Your-Customer regimes, Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) rules etc.
Reflecting the global economic downturn, oil prices began to ease starting July 2008. Partly because of this, headline inflation dropped sharply lower in December 2008 to 8.0 percent year-on-year. This brought the average inflation in 2008 to 9.3 percent. Lower fuel prices and slower price increases of food and light, as well as of transportation and communication services accounted for the retreat of inflation.