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Smugglers, money launderers and sanctioned people once relied on diamonds, gold and artwork. Now, criminals have a far more practical alternative: stablecoins, a cryptocurrency tied to the U.S. dollar that exists largely beyond traditional financial oversight.
www.nytimes.com/2025/12/07/t...
How a Cryptocurrency Helps Criminals Launder Money and Evade Sanctions
www.nytimes.com
December 7, 2025 at 3:00 PM