From Cointelegraph: 2024-05-02 01:04:41

A U.K. Treasury report highlights the vulnerability of crypto firms, wealth management companies, and banking sectors to financial crime.
The report underscores the need for increased vigilance and regulation in these sectors to prevent illicit activities.
Financial crime poses a significant threat to the financial system and requires comprehensive measures to combat effectively.

Read more at Cointelegraph.: Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt