Many options have now been created to combat crime and terrorism worldwide, and as is well known, many criminals use blockchain technology through Bitcoin and cryptocurrencies, although the highest rate of crimes against humanity and terrorism belongs to transactions made directly with fiat money, mainly through dollars, now Cryptography cannot be blamed, since some nations take advantage of this claim to plant their rules and regulations that make no sense, only to control .
In a California-based Silicon Valley company, it has expanded intelligence using blockchain technology, which allows it to track more than 700 tokens with 87% coverage, so far the best in the world.
This to track possible cases of terrorism and crime, according to Shannon Holland, who is director of the company, said that the work of recent years has been intense but worth the effort, this in collaboration with regulators and financial investigators from Las last 4 years.
Pamela Clegg's research director says that through Bitcoin many transactions arise due to its central liquidity, but that the Altcoins have movements of billions of dollars every day:
To close cryptocurrency money laundering gaps, we must expose more of the true number of illicit transactions that occur across the entire ecosystem. This platform expansion does just that by providing regulators, exchanges, and investors visibility into more than 87 percent of the virtual asset market trading volume.
Source:https://bitcoinist.com/worlds-most-comprehensive-crypto-tracing-announced-with-87-coverage/
