Also means
money laundering
Usage Note
Blanqueo has two very distinct senses that context usually separates: the literal whitening or bleaching of a surface, and the criminal practice of laundering money — blanqueo de capitales is the standard legal term. In financial or news contexts, learners should assume the criminal sense. The verb is blanquear.
Examples
"Fue condenado por blanqueo de capitales."
Natural Translation
He was convicted of money laundering.

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