Germany’s Financial Intelligence Unit (FIU) released its annual report revealing a record-breaking proportion of suspicious activity reports (SARs) related to digital assets last year. While the overall number of SAR submissions by banks and financial services companies decreased following guidance for compliance, reporting on cryptocurrencies saw an 8.2% increase, reaching 8,711 notifications. The FIU report identified that most of these reports were linked to Bitcoin (BTC), followed by Ethereum (ETH), XRP, Tether (USDT), and Litecoin (LTC). These tokens are frequently associated with transactions in trading platforms, mixing services, or gambling activities.