Bitcoin interested in the analysis of FDD and Elicit 's Bitcoin According to a survey conducted by the analysis team, all Bitcoin transactions of 1% ' s appeared to be related to money laundering, the lesser portion.
The report, prepared to help analyze the money flow and the risk of money laundering, said money laundering was not credible by some critics of the crypto money market. According to the information in Report:
"Tagged Bitcoin laundering quantity, Silk Road and then alphabay as black market of small and often illegal conversion services through their mind Bitcoin 's source of nearly all."
Raporda also shows that the vast majority of illegal transactions involving Bitcoin are in Europe and five times more illegal transactions with North America .
Anti-Money Laundering (AML) Processes to be Improved
Raporda argues that the best way to combat such illegal activities is with stricter money laundering measures (AML) . Also, the report said that the only way to manage illegal activity is to "increase the AML implementation of financial authorities in all jurisdictional areas ".