TechFlow reported, according to CoinDesk, that TRM Labs, a blockchain analytics firm, found in 2023 countries with comprehensive regulatory frameworks had lower rates of illicit activity among crypto service providers.
The company's research covered 21 nations representing 70% of the global economy, where 80% have strengthened crypto regulations and nearly half focused on consumer protection.
The report predicts the U.S. will take action against mixing services in 2024 and update its national risk assessment for money laundering and terrorist financing.
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