MONEY LAUNDERING THROUGH CRYPTOCURRENCIES: INTERNATIONAL AND NATIONAL LEGAL FRAMEWORK
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Abstract
The digital world has undergone an unprecedented revolution in recent years with the emergence of cryptocurrencies. These decentralized digital currencies offer many advantages in terms of speed, reduced transaction costs and relative anonymity. However, the same anonymity has also raised concerns about their potential use in illicit activities such as money-laundering. Money laundering through cryptocurrencies poses complex challenges for public international law, and national law, because it transcends state boundaries and can involve multiple actors hidden behind encrypted identities.
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References
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