Whilst the decentralized nature of cryptocurrencies allow for faster transactions, the anonymity in which they also provide creates perfect conditions for cyber criminals to execute their hacks and scams. With cryptocurrencies becoming increasingly more mainstream, it is important to keep an eye on the illicit activities occurring in order to call for supplementary regulations to combat and control these activities.
At BanklessTimes.com we decided to investigate the state of money laundering using cryptocurrencies in 2023.
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