The Growing Concern of Illicit Crypto Flows in the Market
Thursday, 11 July 2024, 13:00
The Impact of Illicit Crypto Flows
The market is flooded with $100 billion in illicit funds, posing risks to stablecoins and exchanges.
Risks to Market Integrity
- Stablecoins Vulnerability: Highlighting the susceptibility of stablecoins to illicit activities.
- Compliance Concerns: Implicating exchanges facing regulatory challenges due to illicit flows.
The need for stringent measures and regulatory oversight is crucial to curb illicit activities in the crypto market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.