this post was submitted on 05 Jul 2023
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Malaysia ‘to be a cashless society by 2030’ as card, QR code use surges: study (www.scmp.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

https://www.northrow.com/blog/will-a-cashless-society-be-the-end-of-financial-crime

...what is clear is there has been a dramatic rise in cybercrime and online fraud that businesses will need to be vigilant of since the outbreak of COVID-19.

Even now doing shady business in briefcases of cash is seen as old-fashioned. Criminals will always find ways to make their cashless transactions appear legitimate and not trigger alarms.

[–] [email protected] -1 points 1 year ago

Judging by the increasing number of nft project rugpulls that turned out to be wire frauds, not even these supposed blockchain thingamajig can be trusted. Criminals gonna incriminate.