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Germany’s Financial Intelligence Unit (FIU) reports an 8.2% annual increase in crypto-related money laundering cases. Cryptocurrencies are now a key tool in international laundering schemes, with AI-powered detection emerging as a critical solution.
- Bitcoin was the most reported cryptocurrency in German AML cases, followed by Ethereum, XRP, Tether, and Litecoin.
- Over 6,000 crypto-related suspicious activity reports were submitted by traditional banks, showing their growing role in monitoring digital asset risks.
- The EU's MiCA regulation and AI-powered detection tools are expected to enhance AML efforts but may initially lead to higher reporting volumes.
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