Which of the following characteristics of new payment methods has facilitated money laundering and terrorist financing?
A) anonymity in transactions
B) increased competition
C) lower cost
D) lower interest rates

Question

Quizplus · Accepted Answer

Anonymity in transactions is the characteristic that has facilitated money laundering and terrorist financing, as it allows the parties involved in a transaction to remain unidentified and untraceable, making it easier to conceal illicit activities.

Which of the Following Characteristics of New Payment Methods Has