According to a report released by the Crypto Information Sharing and Analysis Center (ISAC), cash is used much more frequently than cryptocurrencies in illegal activities worldwide. The report emphasizes that cryptocurrencies are a valuable asset to law-abiding society and highlights the decline in crypto's use in crime. The report also mentions that cash is used for sophisticated methods of money laundering at higher rates. The authors attribute the decreased use of crypto in crime to increased regulations and the public, immutable ledgers associated with cryptocurrencies. The report concludes by calling for international collaboration to further decrease criminal crypto transactions.



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