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Lax supervision of cryptocurrency platforms, almost universally low rates of asset confiscation and other shortcomings have left the world more vulnerable to illicit finance over the past year, the Basel Institute on Governance warned Monday. In a 55-page report, the Swiss nongovernmental organization found that most nations have accurately assessed their particular vulnerabilities to money laundering, terrorist financing and other financial crimes and showed improvement at finding and temporarily freezing illicit assets. But they largely failed to seize those assets permanently, struggled to prevent terrorists from raising and funneling funds through "bogus" nonprofits, and, despite evolving global standards and years...