-
Are Regulators Doing Enough to Deter Crypto as a Money Laundering Tool?
Crypto adoption continues to grow at an exponential rate. This digital financial revolution has brought with it both benefits and challenges, with one of the most serious worries being the possible misuse of cryptocurrencies for money laundering and illegal activity. Concerns about money laundering and the rise of cryptocurrency Cryptocurrencies provide privacy and pseudonymity that traditional financial systems do not. While this feature has been lauded for its privacy benefits, it has also prompted worries regarding potential abuse. Criminals and money launderers have taken use of this anonymity to conduct a ... (full story)