The "Panama Papers" leak of more than 11.5 million financial and legal records has exposed heads of states and public figures around the world sheltering wealth offshore.
Offshore accounts are a traditional way for the wealthy to diversify the location of their investments, benefit from lower tax rates or enjoy lower regulatory oversight.
However, one financial intelligence expert told CNBC that companies and investors could now gain the same benefits from tapping the digital currency sector as from offshoring — and that clued-up ones had probably already opted to do so.
"Maybe companies that had to appear legitimate would have done it (invested in traditional offshore accounts), but really, those just wanting to park money? … I don't think that's being done now by the smart ones," Scott Dueweke, the founder of Zebryx, a digital identity consultancy, said on Tuesday.
The offshore holdings of 140 public figures came to light as a result of the leak from Panama-based law firm Mossack Fonseca.