Money laundering is a significant issue in the real estate sector. The Financial Action Task Force (FATF) estimated that the amount of money laundered in real estate reached 1.6 trillion dollars in 2021. There are several ways to launder money in real estate, including:
![How Digital Identity Lays the Groundwork for Everything](/assets/uploads/kyc-video-e1579536704909-460x315.jpeg)
How Digital Identity Lays the Groundwork for Everything
The need to verify identities is often discussed in the context of regulated industries where businesses looking to onboard customers or generate finances are required to meet certain standards through KYC, KYB, AML checks and the like. These are som...