177. Insights: What does AML and regulation look like in web3?
Blockchain Insider Podcast by 11:FS
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What Is the Impact of Tornado Cash on Cryptocurrency?
Kai: I think 2022, if I'm looking back at sort of the big stories, really like sanctions, was just a huge piece of sort of how we were thinking about financial crime in 2022. North Korea has been engaging in hacks and cyber attacks on cryptocurrency businesses really at alarming speed and scale. So ultimately, the OFAC, which is part of the Department of Treasury in the US, is the sanctions regulator. And they essentially tried to figure out how do we react to this happening. Kai: What have you seen that works and that doesn't in the context of money laundering?
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