RATE Group | The Daily: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins
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The Daily: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins

The Daily: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins

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The Daily: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins

The Daily

Welcome to another weekend filled with tales of cryptocurrency intrigue. From shameless Bitcoin anniversary cash-ins to exaggerated claims of crypto money laundering, the Saturday edition of The Daily covers the good, the bad, and the greedy.

Also read: Popular Bitcoin Wallet Samourai Ditches All Government Currencies

Shapeshift CEO Hits Back at Money Laundering Claims

After a less than flattering profile of Shapeshift, and its unwitting role in allegedly facilitating money laundering appeared in the Wall Street Journal, Erik Voorhees has hit back. Describing it as a “poorly-researched piece” whose “implications are disingenuous and misleading”, the CEO compared the amount laundered by banks, at some $2.7 billion a day, to…

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