Blockchain Crime Update: Treasury Department's National Money Laundering Risk Assessment Report notes that law enforcement agencies have detected an increase in the use of virtual assets for money laundering, drug trafficking, fraud, and cybercrime, including ransomware attacks and sanctions evasion.
The digital assets landscape in the United States is constantly evolving, with new technologies and financial innovations reshaping the way we view and use digital currencies. This blog post summarizes the key findings of a recent report, shedding light on the state of digital assets in the US and the associated risks.