PaymentsJournal: Cryptocurrency is Better for Anti-Money Laundering than You Might Think
July 20, 2021
Author: Matt Van Buskirk, Co-CEO and CoFounder, Hummingbird
Learn how technology can benefit AML compliance pros in their fight against financial crime in this article from the PaymentsJournal:
Cryptocurrencies are a haven for fraud, money laundering, and all sorts of criminal activity —this has been a truism since the first days that cryptocurrencies became a topic of conversation in regulatory circles. This perceived risk carried through to compliance functions in banks across the country, where account closures were common for anyone found to be buying Bitcoin. Read more.