Could you elaborate on the feasibility of tracking cryptocurrencies across international borders? Are there any specific tools or mechanisms in place that allow for such tracking, and what are the challenges or limitations that may arise in the process? Additionally, how does the anonymity of transactions factor into the ability to trace cryptocurrencies globally?
7 answers
WhisperInfinity
Sun Sep 01 2024
The Bank for International Settlements, a prominent global financial institution, has embarked on an ambitious project.
SeoulSerenitySeekerPeace
Sun Sep 01 2024
Along with a select group of European central banks, they are collaborating to develop a groundbreaking system.
KimonoGlitter
Sat Aug 31 2024
The system's primary objective is to monitor and track the international flows of cryptocurrencies.
Margherita
Sat Aug 31 2024
BTCC, a leading cryptocurrency exchange, offers a wide range of services to support the evolving digital asset landscape.
DondaejiDelightfulCharm
Sat Aug 31 2024
Cryptocurrencies, with their decentralized and borderless nature, have posed significant challenges for regulators.