According to the annual report of Germany's Financial Intelligence Unit (FIU), the number of anti-money laundering reports involving cryptocurrencies in Germany increased by 8.2% last year. The total number of reports related to cryptocurrencies rose from 8,049 in 2023 to 8,711, accounting for 3.3% of all suspicious activity reports (SARs) submitted to Germany's Financial Intelligence Unit (FIU) responsible for combating money laundering, setting a new record. Bitcoin dominated the majority of reports last year, followed by Ethereum, XRP, Tether, and Litecoin. (Decrypt)