In the first half of 2025, Asia’s cryptocurrency sector lost over 1.5 billion USD to crimes such as fraud and scams. Current Western anti-money laundering tools are inadequate for the unique laundering methods prevalent in Asia, requiring local solutions and partnerships.
Building regional risk libraries and establishing public-private partnerships with law enforcement are crucial. These collaborations enhance real-time monitoring and have proven effective in reducing fraud, ultimately fostering trust and further development in Asia’s growing crypto market.
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