Deribit, a crypto futures and options exchange moving from the Netherlands to Panama to avoid new E.U. regulations, has clarified its new AML policy.
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
Britain’s tax agency is inviting contract applications for a tech tool to help combat crypto tax evasion.
- News
A militant group with ties to the Iranian regime and Hamas — the de facto ruling authority of the Gaza Strip in Palestine — is allegedly upping its Bitcoin fund...
- News
A new study by Chainalysis finds that terrorists are refining their financing operations using cryptocurrency.
- News
by Helen Partz
The House Financial Services Committee raised concerns over the use of crypto to fund domestic terrorism in the United States in a recent hearing.
- News
by Helen Partz
The benefits associated with stablecoins pale in comparison to their risks and challenges, according to a new statement from EU authorities.
- News
by Helen Partz
The U.S. Deputy Treasury Secretary argued that decentralized privately-issued cryptos can shift some functions of the state to the private sector.
- Crypto Myths
by Kyle White
While money laundering is noted as a key fear of regulators, the numbers shows fiat currency is still the main choice of criminals.
- News
by Joeri Cant
Director for the Federal Bureau of Investigation Christopher Wray said that cryptocurrencies present a significant and growing problem for the intelligence agen...
- News
by Joeri Cant
Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.”
- News
by Helen Partz
U.S. Secretary of State Mike Pompeo said that Bitcoin should be regulated the same way as other electronic financial transactions.
- How to crypto
Demand for virgin Bitcoin is currently at its all-time high.
- News
by Helen Partz
The Ministry of Finance of the Republic of Lithuania wants to adopt legal amendments for operating crypto-related services.
- 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.
Editor’s Choice
- Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
- One Wallet Owns 27% of Ether Behind MakerDAO’s Sai Stablecoin
- Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims
- Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development
- Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ