Criminals have been using the anonymity allowed by cryptocurrency to engage in money laundering for years. Virtual currencies like Bitcoin, Ethereum, and even Dogecoin operate independently, without the watchful eyes of Central banks and strict regulations lingering upon them. This makes it extremely easy for anyone to trade with them.
Posted from my blog with Exxp : https://regtechtimes.com/how-anonymity-in-cryptocurrency-can-aid-money-launderers/
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