Terrorists Prefer Cash Over Cryptocurrency, Even Privacy Coins: Report

2019-4-2 12:05

An exhaustive report by the RAND Corporation concludes that cryptocurrency is less than ideal for terrorist organizations. Cash is still king for terrorists, for a variety of reasons, including the liquidity barriers that regulation and legalization of cryptocurrencies are presenting.

Cash Is Still King for Terrorism The 99-page report focuses on three areas of terrorist financing: receipt, management, and spending. Only in the first category does cryptocurrency provide real benefits for terrorist organizations, as people can send money to them from anywhere in the world without limitations. However, if terrorists receive large amounts of cryptocurrency, it’s difficult to manage and

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Источник: ccn.com

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Cash, Not Crypto, Still King When It Comes to Funding Terrorists

One of the main arguments used by cryptocurrency critics is that digital currencies make it easier to finance terrorism. But, as they say, the truth is sometimes stranger than fiction. A defense expert recently told the US Congress that it is actually harder to finance terrorists using cryptos after citing that numerous attempts by terrorist […] Cash, Not Crypto, Still King When It Comes to Funding Terrorists was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-12 18:29


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