Criminals in the virtual asset sector are increasingly using anonymity‑enhancing technologies such as enhanced cryptography, mixers or operation on an opaque blockchain. This was one of the key findings from the U.S. Department of the Treasury’s Action Plan to address illicit financing risks posed by cryptoassets. This webinar addresses the truths and myths surrounding “anonymity-enhanced cryptocurrencies,” their legitimate uses and regulatory perspectives. It also looks at whether technology that obscures the movement of funds creates unacceptable risks or if financial institutions can manage these risks as part of their regulatory obligations.
Understanding how privacy-enhancing blockchain and privacy coins work
Exploring the AFC controls required on privacy coins and non-privacy coins
Detailing the considerations around monitoring privacy coin activities