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Crypto, stablecoins being used to fund drug, gold smuggling racket: DRI report

Crypto, stablecoins being used to fund drug, gold smuggling racket: DRI report

Smugglers are increasingly using cryptocurrencies for illegal payments and to move crime proceeds. Stablecoins like USDT are now replacing traditional hawala networks. This trend, particularly in drug and gold smuggling, poses challenges for law enforcement. Advanced tools and global cooperation are needed to combat this evolving digital crime.

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