Examining the Misconception: Decrease in Money Laundering Through Cryptocurrency Despite Increased Usage in 2023

Examining the Misconception: Decrease in Money Laundering Through Cryptocurrency Despite Increased Usage in 2023

What the NYT and Washington Post Op-Eds Get Wrong About Crypto According to analytics firm Chainalysis, money laundering in cryptocurrency amounts to less than 0.5% of all transaction flows, significantly less than in traditional finance sectors where illicit activity could account for up to 5% of global GDP, as per the United Nations. Despite the … Read more