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Sanctioned entities fueled $16 billion in cryptocurrency activity last year, report says

Retrieved on: 2025-02-19 13:03:04

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Sanctioned entities fueled $16 billion in cryptocurrency activity last year, report says. View article details on hiswai:

Summary

The article discusses the involvement of cryptocurrencies like Bitcoin in decentralized financial activities, focusing on Iran's increased usage due to sanctions and the challenges in regulating platforms like Tornado Cash. Chainalysis and the geopolitical context highlight the complexity of enforcing financial technology laws amidst crime and money laundering concerns.

Article found on: therecord.media

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