Regulation /
On-Chain Data: $158B Illicit Crypto Flows in 2025, 84% Ran Through Stablecoins
ChangeNOW and CoinRabbit argue privacy tooling isn't the enforcement gap — fiat off-ramps are, citing TRM Labs' $158B illicit-flow figure for 2025.
▸ August 3, 2026 · James Corrigan