Crypto versus Traditional Financial Crime: A Comparative Analysis of Costs and Impacts
Crypto and traditional financial crime are distinct but connected challenges to global financial systems. As crypto gains mainstream adoption, evolving cybersecurity strategies are vital to address risks tied to digital assets. Despite a growing focus on crypto crime, traditional financial crime, such as money laundering and fraud using fiat currency, still dominates. Billions are laundered annually, dwarfing the impact of…
