Oct 30, 2017
UK National Crime Agency: Bitcoin Poses Low Money Laundering Risk
The report indicates that the risk for money laundering is actually relatively low. According to the report:
“The NCA has assessed the risk of digital currency use for money laundering to be relatively low; although NCA deems it likely that digital currencies are being used to launder low amounts at high volume, there is little evidence of them being used to launder large amounts of money.”
While the reality is that some money laundering is occurring, the report details that the amount is low and poses little risk for the UK crime body.
https://cointelegraph.com/news/bitcoin-low-risk-for-money-laundering-high-for-cybercrime-uk-treasury