Money Laundering Bulletin
Quicksilver through the cracks - crypto
Criminals, always seeking new ways to shift and infiltrate their funds into the legitimate financial sector, have seized on cryptocurrencies as global alternatives to fiat money - enabling fast, cost-effective, efficient transfers. Keith Nuthall finds that gaps in legislation, controls and constant innovation mean law enforcement, firms and regulators are in continual catch-up.
Criminals, always seeking new ways to shift and infiltrate their funds into the legitimate financial sector, have seized on
cryptocurrencies as global alternatives to fiat money - enabling fast, cost-effective, efficient transfers.
Keith Nuthall finds that gaps in legislation, controls and constant innovation mean law enforcement, firms and regulators are in continual
catch-up.