The Central Bank of Italy describes BTCP2P as "Crime-as-a-Service" and believes it may be used to facilitate illegal activities such as Money Laundering.

The Central Bank of Italy expressed concerns about BTC's peer-to-peer (P2P) system in its latest economic and financial research report, calling it a potential 'Crime-as-a-Service' platform. The report highlights the anonymity of BTC transactions and suggests that it may facilitate illegal activities such as money laundering.

The report pointed out that the P2P service of BTC is not inherently criminal. Nevertheless, its privacy feature provides an opportunity for those attempting to conceal illegal financial activities to utilize it. The Central Bank of Italy pointed out that in areas with weak Anti-Money Laundering (AML) regulations, such as certain countries identified as high-risk by the Financial Action Task Force (FATF), these platforms are particularly susceptible to abuse. The report also pointed out that the DeFi field presents additional challenges for regulatory supervision. Without intermediaries to enforce anti-Money Laundering compliance, DeFi platforms may be exploited for illegal purposes. It believes that DeFi lacks centralized control and is difficult to implement traditional regulatory measures, so new approaches are needed to ensure compliance and prevent abuse. (The Crypto Basic)