Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average.Read more
The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels.Read more
Recent research has revealed that Eastern Europe remains a very high source of cybercrime activity — both from victims to scams, and from users to darknet markets — in the cryptocurrency sector.Read more
According to a Chainalysis report, crypto adoption from individual investors sees the fastest growth in India and Vietnam.
Over the last year, crypto adoption has surged in communities around the world.
The report found that the adoption of cryptocurrencies surged over 880% and peer-to-peer (P2P) platforms in emerging economies were the driving force.Read more
A new report from Chainalysis has found that while China’s share of global criminal crypto flows has been falling since the third quarter of 2019, the country still represents a disproportionate amount of money laundering and scam activity.Read more
Despite India’s uncertain regulatory climate regarding crypto assets, nationwide investments in digital assets have increased by roughly 19,900% over the past year.Read more
The U.S. Office of Foreign Assets Control has requested another subscription to Chainalysis analytics software in order to step up its blockchain transaction surveillance efforts.Read more
The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has requested a subscription to use Chainalysis Inc’s analytics tools.Read more
The Chainalysis 2021 Crypto Crime Report found that 55% of illicit crypto funds are eventually deposited in just five services.
The largest launderers are reliant on illegal operations to stay in business.
Fiat money laundering still dwarfs crypto-based criminal activity.