Institutional crypto adoption requires robust analytics for money laundering By Cointelegraph

Institutions have begun to take crypto seriously and have entered the space in numerous ways. As noted in a previous analysis, this has resulted in banks and fintechs looking at custody products and services for their clients.

However, as custodians of clients’ assets, banks must also ensure they are clean assets and stay compliant.

Layering

Money mules

Dusting

Wallet laundering

Darknet transactions and mixers