Cryptocurrencies: money laundering and terrorist financing risks have increased
Bern, 28.2.2024 - Over the past decade, cryptocurrencies – or virtual assets – have emerged as a mass phenomenon with major implications for the financial system. Increasingly, cryptocurrencies are also being misused for illicit purposes. The interdepartmental coordinating group on combating money laundering and the financing of terrorism (CGMF) has recently published a report presenting the latest findings as well as possible countermeasures.