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Luxembourg Regulators Sound Alarm: Crypto Exchanges Remain Money Laundering Hotspots
Luxembourg Regulators Sound Alarm: Crypto Exchanges Remain Money Laundering Hotspots
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Crypto platforms still can’t shake their dirty-money reputation—despite years of ’self-regulation’ promises. Luxembourg’s financial watchdog just dropped the hammer with fresh warnings.
Why it matters: When a global banking hub like Luxembourg calls out systemic risks, institutions listen. Even as compliance tech improves, bad actors keep finding cracks in the armor.
The kicker? Traditional banks laundering billions get fines—crypto firms get existential threats. Funny how that works.
By:
http://crypto.news/crypto-exchanges-still-post-high-risks-of-money-laundering-luxembourg-says/
