[Crypto Q&A] Can Anti- money laundering effectively stop crime leveraging on crypto currency investment?

Discussion • 2020/12/01 • by
meshiaka

Can Anti- money laundering effectively stop crime leveraging on crypto currency investment?

Comments (9)
Guest
lorettachinasa
6 years ago
Don't seem so based on existing laws and regulations. The usefulness and novelty of cryptocurrency is to circumvent existing regulations and procedures. Its usefulness can be used for many things including money laundering.
allen4justice
6 years ago
Yes because of the transparency and immutability in crypto
akbar111
6 years ago
yes beacuse of the transparency
vicky5545
6 years ago
yes because it's not regulations
wahidaja
6 years ago
definetly, blockchain system can't be edited by any person, if you want to corrupt, you must edit all data! to be simple: not just one person is write the transaction, but everyone is write! so if any person editing any data for report, they will be caught!
anggasaputra
6 years ago
yes because not regulated by ministry
abyasssir
6 years ago
yes because crypto transaction are irreversible, also you can't cancelled the transaction
ajii12
6 years ago
to an extent it can stop money laundering but there are other cryptocurrency investment crimes for example, hackers might exploit investment platforms
andrei12
6 years ago
yes it can to a certain extent

Our newsletter

The latest cryptocurrency market news, technologies, and help resources.