The Future of Crypto-Money Laundering Regulation
Categories: Banking & Finance, Hi-Tech
It has been over 9 years since the creation of Bitcoin and in that time cryptocurrencies have generated significant interest resulting in extensive global investment. It is generally acknowledged that cryptocurrencies and distributed ledger technology (DLT), the technology behind them, will play a positive role in financial markets and will assist with combating money laundering and terrorist funding. However there is no doubt that they are currently exploited to commit criminal offences including tax evasion, terrorism and money laundering.
