The brief report states that illegal cryptocurrency-related activity represents less than 1% of total transaction volume, highlighting the sector’s relatively limited share of unlawful flows.
Binance Research said illicit crypto activity accounted for under 1% of overall transaction volume, according to the brief update provided. The claim points to a long-running industry argument that unlawful use represents a small portion of blockchain-based transfers when measured against total network activity. In crypto markets, such estimates are often cited in policy and compliance debates because blockchain transactions are recorded on public ledgers, allowing on-chain monitoring and tracing in many cases.