CN Destabilising the Stable: How Stablecoins Are Perfect for Fraudsters

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Once again, joining FinextraTV to talk about stablecoin development, Professor Andros Gregoriou, Head of REF, Liverpool Business School, Liverpool John Moores University provided his opinion on their use within financial crime. Gregoriou explains how the industry has grown exponentially and how, with this growth, the risk is lower both for regular investors and criminals. When it comes to 24/7 trading on a crypto exchange, Gregoriou describes how these provide even more risks: where later times in a relaxed sector provided ample space for vulnerability. He emphasises how Stablecoins are not just inherently risk-free, and in fact provide a certain flexibility and anonymity to criminal activity, something that needs to be considered when it comes to regulatory changes.

Source: https://www.finextra.com/videoarticle/3 ... nextrafeed