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Experience the magic of Winter at Steenberg, with Bistro Sixteen82’s Red…New Web Hosting Pioneer Emerges, Offering Affordable Hosting Solutions Coupled with…It is 2024, and Wall Street firms, led by the world’s biggest asset manager, BlackRock, race to provide bitcoin exposure to mainstream investors via regulated exchange-traded products.
While cryptocurrencies have made the list with a 10% share of the laundered funds, it is still a far cry from what crypto demonizers would have you believe. Moreover, it is reasonable to expect that the next iteration of the Europol criminal networks report will show a lower share of funds laundered via digital asset-related channels if year-on-year decline trends observed in most other criminal domains are anything to go by.
While these two numbers are not perfectly comparable since they are drawn from two distinct reports using varying methodologies, they should at least give us a pretty good idea of the relative scale of the two phenomena.. More specifically, the volume of illicit crypto funds as per Chainalysis constitutes exactly 0.78% of the overall volume of global illicit funds as per NASDAQ.
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