🚨The latest report from the UK National Crime Agency (NCA) reveals that the amount of illegal cryptocurrency transactions related to the UK is as high as $5.1 billion per year! The frequency of money laundering activities has increased, and this trend is expected to continue until 2024. The NCA has established a dedicated cryptocurrency unit and will be given greater seizure powers in April 2024. 💼

Do you think that strengthening supervision can effectively curb cryptocurrency crimes? Share your views in the comment section!#Blockchain#Cryptocurrency#NCA#MoneyLaundering #Regulation