A recent poll observes the prevalence of crypto among US residents above 18 years. As technology continues to shape the future as we see it, it appears that millennials are putting their best foot forward in alignment with technological development. French company Alto Invest recently explored prevalent investment practices of persons aged 18 years and above. While most respondents expressed a desire for real estate investment, several others considered crypto a bargain for the future. Alto Invest’s findings concluded…
Tag: Armanda
CipherTrace Releases Product to Help Banks Trace Illegal Crypto Funds
CipherTrace has released a new product known as Armada today. The purpose of the product is to assist banks in uncovering the risks known with cryptocurrency exchanges. Every year, without knowing, banks in the U.S. process up to $2 billion in cryptocurrency funds. However, 80 percent of the banks process them for illicit money services businesses. The Silicon Valley-based blockchain analysis company noted that Armada will help banks in dealing with this issue and remain compliant with anti-money laundering laws. The product…
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