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| Bitcoin exchange flows | Illicit services, or their counterparties, retain assets they receive until they can be placed into legitimate services for laundering. The reality is more complicated than that, and bitcoin outflows in have a lot more to do with another important digital asset: stablecoins. Follow godbole17 on Twitter. Last week saw another record: a single-day high-water mark in bitcoin-denominated outflows, with 1, BTC transferred off exchanges in a hour period. Miners may then send assets to other destinations, such as exchanges, where assets may be sold to cover the costs of mining. Our products are the solution. |
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