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Worldwide efforts, often led by U
Worldwide efforts, often led by U.S. law enforcement, the International Monetary Fund (IMF), and the World Bank, have tried multiple approaches to combat money laundering in cyberspace, including measures aimed at reducing the ability to make anonymous financial transactions, mapping global payments to develop a better understanding of the flow of money, facilitating international information sharing, requiring all financial transactions to include "Know Your Customers" policies, and a Digitizing all currency in order to improve ownership transparency b. Inserting digital "die packs" into transactions so that money can be traced anywhere Oc Conducting raids on cybercriminals coordinated with law enforcement from other countries Od. Hamonizing and coordinating interational money movement regulations
Expert Solution
Option d) Harmonizing and coordinate international money movement regulations
Reason : To combat money laundering, the countries should have a transparent atmosphere, digitizing all transaction would be difficult. But, such money should be protected using general and specific monetary movements. AML(Anti-Money Laundering) are such example for such movements.
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