CRYPTO MARKETS UNDER PMLA

 About Cryptocurrency

A cryptocurrency is a digital currency that is generated via the use of encryption algorithms. Because of the use of encryption technology, cryptocurrencies can act as a currency and a virtual accounting system.

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When it comes to cryptocurrencies, a network of private computers always strives to validate transactions by solving complex cryptographic riddles.

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During the 2008 financial crisis, Satoshi Nakamoto proposed an accounting system that sparked the notion of blockchain.
According to market capitalisation, Bitcoin is the largest cryptocurrency in the world, followed by Ethereum.

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