Report: Since January, On-chain Illegal Cryptocurrency Activities Have Decreased by Nearly 20%
The latest report from blockchain analysis company Chainalysis shows that illegal cryptocurrency activity has decreased since the beginning of this year, while the inflow of funds into legal services has reached its highest level since the last bull market in 2021. So far this year, the total amount of illegal activity has dropped by 19.6%, from $20.9 billion to $16.7 billion. The report points out that in addition to a decrease in illegal activities, the inflow of funds into legal services also reached its highest level since the peak of the last cryptocurrency bull market in 2021. This indicates that cryptocurrencies are being continuously adopted globally.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
