Digital Hawala : Informal Money Networks are Reportedly Using Crypto and Fintech to Hide Billions
· crowdfundinsider.com
Nearly 70 percent of respondents noted the rise of “digital hawala”: encrypted apps such as WhatsApp, Telegram and Signal for coordination; instant payment
Informal money-transfer systems such as hawala have grown more organised and now lean heavily on digital tools to hide criminal proceeds, a Financial Action Tas...