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June 29, 2025
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Criminal Stablecoin Use Continues Growing, Task Force Says



A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets in 2024.



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