Author

Topic: [2017-03-10] Research Says Claims of Terrorism Financed With Bitcoin Are... (Read 177 times)

sr. member
Activity: 406
Merit: 250
News Bitcoin - Research Says Claims of Terrorism Financed With Bitcoin Are Exaggerated

A new report from a British defense and security think tank, the Royal United Services Institute (RUSI), reveals that reports of terrorism financed through Bitcoin are greatly exaggerated.

RUSI consultant David Carlisle said that there is a lot of attention given to the possibility of bitcoin being used as a terrorist financing tool but “overreaction could stifle an important new financial technology”. He noted that there are very few instances where cryptocurrencies have been used for terrorism. However, the prospect of utilizing virtual currencies for terrorist activity has produced a significant response from many governments. Believing the response to be sensationalized, he states that:

READ MORE >>> https://news.bitcoin.com/report-financing-terrorism-bitcoin-exaggerated/
Jump to: