Stablecoins Becoming Currency of Choice for Crime, FATF Warns
State-linked cybercriminal groups finding them increasingly useful
Stablecoins, which unlike volatile cryptocurrencies like Bitcoins are intended to function as a reliable medium of exchange and a store of value within the digital economy, have become a currency of choice of money-launderers and terrorism financiers as well as by state-linked cybercriminal groups including the North Korean and Iran…
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