According to CoinDesk, a cryptocurrency-specialized media outlet, on the 15th, blockchain analytics startup Elliptic argued to the US Congress that "more stringent Anti-Money Laundering (AML) regulations should be applied to cryptocurrency exchanges that support privacy coins." In this regard, Elliptic co-founder Tom Robinson stated during an interview, "If blockchain is used efficiently, illegal activities exploiting cryptocurrency can be successfully reduced." He explained, "Previously, in collaboration with the US Department of Justice (DOJ), an investigation into Bitcoin transactions exploited on the world's largest child pornography site resulted in the arrest of approximately 40 criminals." He also added, "The US House of Representatives committee will keep a close eye on cryptocurrencies and the dark web going forward."
