Valentina
Tue Aug 06 2024
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7 answers
1612
Does crypto-asset usage influence perception of corruption and capital controls?
Could you elaborate on how the utilization of crypto-assets might potentially shape individuals' or societies' perceptions towards corruption and capital controls? Do crypto-assets offer a viable alternative that could undermine traditional financial systems perceived as susceptible to corruption, or do they merely present a new frontier for illicit activities? Additionally, are there any empirical studies that have investigated this relationship, and if so, what are their key findings?
CryptoLord
Mon Aug 05 2024
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7 answers
1196
Are crypto assets used to transfer corruption proceeds or circumvent capital controls?
Could you elaborate on the potential use of cryptocurrency assets for transferring illicit funds or bypassing financial regulations? Are there any concrete examples or cases where crypto has been utilized for such purposes? How does the anonymity and decentralization of crypto make it an attractive tool for those engaging in corrupt activities or seeking to evade capital controls? What measures have been put in place to combat these illicit practices?
