Chainalysis Report: Stablecoins Make Up Majority of Illicit Transaction Volume
full version at cryptonews
While it’s notable that stablecoins are gaining traction, a new report from blockchain analytics firm Chainalysis has found that stablecoins are frequently used for money laundering. Kim Grauer, Director of Research at Chainalysis, told Cryptonews that crypto-native money laundering occurs when an on-chain wallet is associated with criminal activities. “Exchange heists, crypto scams, and darknet […]
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