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Bitcoinist 2019-07-22 11:00:12

Bitcoin Darknet Spending 800x Lower Than Fiat Money Laundering: Research

Bitcoin contributes 800 times less value to the world’s money laundering total than fiat, new data suggests. $1 in BTC, $800 in Fiat The result of fresh research from analysis firm Messari, the giant figure adds to the increasing stack of evidence that cryptocurrency does not play a large role in illicit financial activity worldwide. According to Messari, which released its findings on July 16, for every $1 dollar in BTC spent on the darknet,Read MoreThe post Bitcoin Darknet Spending 800x Lower Than Fiat Money Laundering: Research appeared first on Bitcoinist.com.

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