How Cryptocurrencies Work & Money Laundering Risks 💰

Europol warns £3-4 billion in crypto is laundered yearly in Europe, highlighting risks and how cryptocurrencies function.

How Cryptocurrencies Work & Money Laundering Risks 💰
BBC News
535.9K views • Feb 12, 2018
How Cryptocurrencies Work & Money Laundering Risks 💰

About this video

An estimated £3-4 billion is being laundered via cryptocurrencies in Europe every year, the director of Europol has told the BBC.
It comes as the Shadow Treasury Minister, Alison McGovern, says much speedier regulation is needed.
But what are cryptocurrencies? Spencer Kelly explains all.

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Views

535.9K

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8.5K

Duration

2:23

Published

Feb 12, 2018

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