Privacy coins ‘pose less risk of money laundering than other coins’
Privacy coins including Monero, , Grin, and Zcash pose less of a risk of money laundering than other cryptocurrencies according to a report by a global law firm.
According to a new white paper released by U.S. international law firm Perkins Coie, anti-money laundering (AML) measures taken by regulatory bodies worldwide have been sufficient to address any issues caused by privacy coins, and additional oversight may not be necessary.
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