Sanctioned Entities Flock to Stablecoins Amidst Decline in Illicit Activity: Chainalysis
In 2023, illicit crypto addresses experienced a notable decrease in value to $24.2 billion, with Chainalysis reporting a decline in the share of all crypto transaction volume related to such activity from 0.42% in 2022 to 0.34%, accompanied by a shift in the types of assets involved in crypto-based crime. In the past two years, […]
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