Bitcoin is no longer the dominant cryptocurrency for black market activity. Significant shifts are underway in the ecosystem of illicit actors using cryptocurrency. According to a 2023 report by TRM Labs, Bitcoin is no longer the asset of choice for criminals. Policy makers need to adapt to this new reality. Breaking: Hong Kong Will Launch Its Spot Bitcoin ETF Post Spring Festival https://cloudfront-us-east-2.images.arcpublishing.com/reuters/ZTUXGF5APVKW5KVYICVZLNLZUQ.jpg