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أثير
Omani Legal Moves Against Money Laundering
The article discusses the development of Oman’s laws to combat money laundering and illustrates how criminal tools have evolved—from simple bank cards to highly secretive digital currencies, which hinder regulatory efforts. It highlights how Omani legislation has advanced since 1991 to include proceeds from any crime with a financial return, resulting in an increase in cases from 46 in 2022 to 55 in 2023, alongside the growing exploitation of cryptocurrencies that are difficult to trace. The article also emphasizes the risks posed by such crimes to the national economy and society, including inflation, rising real estate prices, and the rejection of cryptocurrencies as a means of payment. It underscores the importance of continuously updating legal frameworks to effectively address these challenges.
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