UN Agency Calls for Urgent Action on Crypto-Enabled Crimes in Southeast Asia

UN Agency Calls for Urgent Action on Crypto-Enabled Crimes in Southeast Asia

The United Nations Office on Drugs and Crime (UNODC) expressed deep concern about crypto’s role in facilitating illicit activities across Southeast Asia. It notes that the existing underground banking infrastructure, including underregulated casinos, junkets, and illegal online gambling platforms, has increasingly adopted crypto as a tool for crime. UNODC Raises Alarm Over Crypto In its…