There’s this whole story of cryptocurrencies and how it’s used on the internet in an illegal form.
Notably, many assets have been used in illicit vices like the acquisition of drugs and money laundering during the growth of cryptocurrencies.Waly contends that limiting use at the national level should come first, followed by the development of capacity among diverse stakeholders.Waly said:“There’s an element of capacity building and national regulation but there’s also investigation collecting evidence.
Ghada Waly, executive director of the UN office on drugs and crime, has argued that restricting the usage of cryptocurrencies can help make the internet a bit safer.Controlling Crypto Will Keep Internet SafeOn August 18, Waly emphasized that the focus should be on examining how digital assets are utilized unlawfully during a session with the World Economic Forum.
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