Home » Sweden Classifies Some Crypto Exchanges as ‘Professional Money Launderers’

Sweden Classifies Some Crypto Exchanges as ‘Professional Money Launderers’

Sweden has classified some crypto exchange service providers as professional money launderers claiming that crypto exchanges are often used by criminals to launder proceedings from all types of crimes via cryptocurrency. Sweden blames crypto exchanges for playing a crucial role in maintaining the criminal economy while also harbouring underground banking networks. Gadgets 360 Read More 

​ Sweden has classified some crypto exchange service providers as professional money launderers claiming that crypto exchanges are often used by criminals to launder proceedings from all types of crimes via cryptocurrency. Sweden blames crypto exchanges for playing a crucial role in maintaining the criminal economy while also harbouring underground banking networks.