Korn Chatikavanij: blockchain traces grey money better than banks
- —Korn Chatikavanij is a former Thai finance minister and Democrat Party deputy leader
- —The Shuffle case traced nearly 10,000 transactions worth over THB 118 million
- —Public blockchains are open and immutable, but owner identification still needs exchange KYC
- —Crypto exchanges are not scapegoats but must enforce strict AML screening
Why it matters: The argument from a former finance minister counters the narrative that crypto is mainly a money-laundering tool and raises pressure on exchanges to tighten AML controls.
Source: Siam Blockchain
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