The Central Bank of Bolivia shared numbers that show the country’s crypto activity is overheating. According to the institution’s data, purchase and sales operations for crypto assets grew over 100% after the bank lifted a blanket ban on crypto operations earlier this year. Bolivia Heats up With Crypto Adoption, Over 252,000 Hold Digital Assets Bolivia, […]
Crypto ATMs: A Hotbed of Illicit Activity and Regulatory Crackdowns, Says Report
A recent TRM Labs report reveals that crypto ATMs have processed at least $ 160 million in illicit transactions since 2019, with 2023 alone seeing over $ 30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% …