Money Laundering
Terrorism Financing with Virtual Currencies – Can Regulatory Technology Solutions Combat this?
September 18, 2023This article considers the terrorism financing risk associated with the growth of Financial Technology (FinTech) innovations and in particular, focuses on virtual currency (VC) products and services. The ease with which cross-border payments by virtual currencies are facilitated, the anonymity surrounding their usage and their potential to be converted into the fiat financial system, make ...