The chance of cash laundering within the banking sector a long way outweighs the issues confronted through fintech corporations.
According to El Economista: the so-called “G7 banking” workforce. BBVA, Santander, Citibanamex, Banorte, HSBC, Scotiabank, and Inbursa recorded way more cash laundering in Mexico than Blockchain corporations.
Brokerage corporations, alternate corporations and banking establishment suppliers also are incorporated within the “prime chance” classification supplied through the file.
Even though the fintech sector might nonetheless be a spreader for cash laundering and terrorism financing, the UIF file 2020 does now not supply a chance classification for the field .
An legit from UNIF mentioned ) that crypto does pose a chance of illicit task. Dan famous that the entity nonetheless regards generation as an “rising chance”.
It must be famous that Mexico's blockchain trade and monetary generation has just about two occasions fold the scale in simply two years.
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