The Ministry of Finance of the Republic of Lithuania wants to adopt legal amendments for operating crypto-related services.
Terrorism News
Terrorism is a term that is used to describe acts of violence in order to create fear within large masses of people to achieve some political, religious, financial or ideological purpose. Terrorism is performed both in the domestic territories of terrorists and on the international level. Terrorism is funded for a variety of reasons. Sometimes, terrorism is funded to destabilize the political situation in a country for some geopolitical reason by other countries. Terrorism is also funded by protection racketing, kidnapping for ransom, fraud and robbery. Sympathizers of terrorism often use cryptocurrency and Bitcoin, in particular, to cover any traces of funding. Bitcoin terrorism financing is an important issue for many governments and is a major issue in regard to Bitcoin regulation policies. Although the scale of terrorism financing via Bitcoin may be exaggerated, some authorities see it as too risky to remain inactive.
- News
- News
by Ana Berman
RAND Corporation, a U.S. nonprofit think tank, has published a report on the illicit use of crypto by terrorist groups.
- News
by Helen Partz
The Basel Committee on Banking Supervision believes that cryptos are unsafe to rely on as a medium of exchange or store of value.
- News
by Helen Partz
The Malta Financial Services Authority appointed U.S.-based blockchain security firm to assist in tracking the compliance of crypto firms.
- News
The IMF has said that Malta does not have the proper supervision for AML and CFT and is calling for “urgent action.”
- News
by Helen Partz
The U.S. House of Representatives has passed a bill that would establish a task force to combat terrorist use of cryptocurrencies.
- News
A recent report from the U.S. Foundation for Defence of Democracies has revealed that crypto is not well-suited for financing terrorism.
- News
by Helen Partz
Cryptocurrency is a “poor form of money” for most terrorists, says director of analysis at U.S. think tank FDD’s CSIF Yaya Fanusie.
- News
by Helen Partz
Risk management giant LexisNexis has partnered with Australian crypto exchange Blockbid to provide more secure know your customer and anti-money laundering meas...
- News
New US bill calls for the creation of a task force to reward people with information that leads to arrests in cases of cryptocurrency-funded terrorism.
- Big Brother
Are governments trying to use cryptocurrencies as another reason to spy on us?
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by Joseph Young
Europe tightened controls on the inflow of cash and precious metals from outside of the EU, granting permission to border patrols to seize cash or gold brought ...
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