Crypto firms paid $5.8b in fines in 2023, more than entire traditional finance system
CAT
1 min read
According to data, crypto and digital payments companies paid nearly $6 billion in fines in 2023 for shortcomings in customer checks and anti-money laundering controls violations. Crypto and fintech groups faced fines exceeding those of the entire traditional financial system…
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Crypto firms paid $5.8b in fines in 2023, more than entire traditional finance system
