President Widodo Flags $8.6 Billion Crypto Money Laundering Threat in 2021

Highlighting a concerning trend during Mr. President’s speech honoring the 22nd Anniversary of the National Movement for AML and Terrorism Financing Prevention: the growing adoption of digital assets, specifically, cryptocurrency and NFTs for money laundering. In response to this difficulty, he called on the Financial Transaction Reports and Analysis Centre (PPATK) to increase its monitoring