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Cambodia Received $1.07 Billion in Crypto Flows Despite Casino Crackdown
(2 hours ago) · 1 source · Summarized by CryptoBipto
Despite Cambodia's efforts to crack down on casino-related illicit activities, approximately $1.07 billion in cryptocurrency flows have continued to move through the country. The crackdown, which targeted casinos linked to fraud and money laundering, has not significantly curtailed the use of crypto in these operations.
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This story shows how difficult it can be for governments to control cryptocurrency transactions, even when they try.
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SOURCES
- cryptopotato.com
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Money LaunderingCrypto RegulationSoutheast AsiaIllicit FinanceGovernment Enforcement
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