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Digital Coin Offerings Don’t Mask Normal Money-Laundering Risk

The Wall Street Journal

19 Dec 2017

Joshua Ashley Klayman cautions that digital tokes are still subject to regulatory influence in the Wall Street Journal article “Digital Coin Offerings Don’t Mask Normal Money-Laundering Risk.” “Just because you’ve created a new capital-raising method doesn’t mean you’ve slipped outside the law,” she said.

Ms. Klayman also advised that a cottage industry has formed to provide anti-money-laundering and compliance services, countering the notion that cryptocurrency transactions are more susceptible to abuse than those that involve cash.

“Sometimes people focus on the possibility of money laundering and terror financing in this [area] without realizing it can happen in a cash-based transaction,” she said.

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