Crypto Crime Plummets as Exchanges Boost Compliance

Recent data paints a stark picture: illicit activity in the crypto space has dramatically decreased, reaching near-zero levels on major exchanges. This decline is attributed to increased compliance efforts, advanced monitoring technologies, and strengthened law enforcement collaboration. A new report by Binance, using independent datasets from Chainalysis and TRM Labs, reveals that most exchange volume now comes from legitimate users rather than criminal actors – a significant shift from just two years ago.