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94 International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering

CoinDesk
Olivier Acuna @ CoinDesk 1 place · today 12:55 EDT

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering

In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers.

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