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UK Crime Agency Calls For Crypto Mixing Regulation Amid Clampdown On Criminals

The UK’s National Crime Agency (NCA) has called on the country’s authorities to regulate decentralized crypto mixers that enable multiparty bitcoin (BTC) transactions, claiming that the process can be used by criminals t...

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UK Crime Agency Calls For Crypto Mixing Regulation Amid Clampdown On Criminals
 
The UK’s National Crime Agency (NCA) has called on the country’s authorities to regulate decentralized crypto mixers that enable multiparty bitcoin (BTC) transactions, claiming that the process can be used by criminals to launder money from illicit sources and to avoid detection.
Gary Cathcart, Head of the financial investigation at the National Crime Agency, told the Financial Times that,...
Read More: UK Crime Agency Calls For Crypto Mixing Regulation Amid Clampdown On Criminals

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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