Big money - criminals stick with cash

Cryptocurrency is unstable, online payments mean an audit trail, even if convoluted, but hard cash, especially as higher denomination banknotes, facilitates anonymous transfer of value at scale: what's not to like? Keith Nuthall looks at different jurisdictions' attitudes to the physical flow of illicit funds, the academic research and canvases practitioners' views.

Cryptocurrency is unstable, online payments mean an audit trail, even if convoluted, but hard cash, especially as higher denomination banknotes, facilitates anonymous transfer of value at scale: what's not to like? Keith Nuthall looks at different jurisdictions' attitudes to the physical flow of illicit funds, the academic research and canvases practitioners' views.