Amidst the pioneering fintech revolution, the biggest risk of cryptocurrency could be money laundering and its use for financing terror, said Union Minister of Finance Nirmala Sitharaman on Monday (local time).

In her address at a seminar during the ongoing spring meet of the International Monetary Fund (IMF), Sitharaman said: "I think the biggest risk for all countries across the board will be the money laundering aspect and also the aspect of currency being used for financing terror."