📢 New Study: Cash Remains the Main Tool for Illicit Finance, Blockchain Provides Transparency!
- Crypto ISAC research has found that cash still dominates illicit financial transactions, despite popular belief about cryptocurrencies.
- Blockchain creates an immutable record, making cryptocurrencies more traceable.
- In 2023, only 0.34% of blockchain transactions were related to illegal activity, according to Chainalysis.
- Cash transactions leave no digital trace, making it more difficult for law enforcement.
💬 Share your opinion in the comments! Do you think blockchain will play a key role in the fight against financial crime?
#Cryptocurrency#Blockchain #FinancialCrimes