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White PaperDigital Laundry An analysis of online currencies, and their use in cybercrime Raj Satan, EMEA McAfee Francis Page and Matthew Hart McAfee Habitable of Contents Foreword3Executive Summary4Digital
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Digital laundry refers to the process of disclosing online financial transactions and assets to ensure compliance with regulations and prevent money laundering.
Individuals or businesses engaged in online financial transactions are required to file digital laundry.
Digital laundry can be filled out electronically through designated platforms or submitted manually as per the specified guidelines.
The purpose of digital laundry is to track online financial activities, prevent money laundering, and ensure transparency in digital transactions.
Information such as type of digital assets, transaction amounts, dates, and parties involved must be reported on digital laundry.
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