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The global impact of money laundering in 2024

Neopay

NFT Money Laundering: In 2021, laundering through NFTs reached $1.377 million, a 231% increase from the beginning of the year. Digital Identity Verification: Digital identity verification in financial services surged to 77% in 2021, reflecting a growing awareness of the importance of combating financial crime.

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OKX Launches Licensed Crypto Exchange in UAE Amid VARA’s Regulatory Crackdown

The Fintech Times

Upon completing the verification process, users can start trading and take advantage of the platform’s extensive services. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for virtual asset industry governance.