How Crypto is Changing for Institutional Investmentby@alexa.eth

How Crypto is Changing for Institutional Investment

tldt arrow
Read on Terminal Reader🖨️

Too Long; Didn't Read

Bitcoin has long had a reputation for being a space inhabited by thieves, hackers, money launderers, drug dealers and other criminals. Much criminal activity has been able to thrive thanks to the anonymity and lack of regulation afforded by cryptocurrency. As the market cap of crypto has increased, more and more scrutiny has been brought on the space. This scrutiny has meant that users' anonymity is not the implicit necessity that it once was. A report published by Chainalysis in 2021 found that just 2.1% of all cryptocurrency transaction volume was used for criminal activity in 2019.

People Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - How Crypto is Changing for Institutional Investment
alexa.eth HackerNoon profile picture

@alexa.eth

alexa.eth

About @alexa.eth
LEARN MORE ABOUT @ALEXA.ETH'S EXPERTISE AND PLACE ON THE INTERNET.
react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!
Hackernoon hq - po box 2206, edwards, colorado 81632, usa