Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress

Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-9-10 00:30

Terrorist groups such as Al-Qaeda, the Islamic State and others have unsuccessfully tried to raise money through cryptocurrencies such as Bitcoin, a former CIA analyst told Congress on Friday per Forbes.

“By preparing now for terrorists’ increasing usage of cryptocurrencies, the U. S. can limit the ability to turn digital currency markets into a sanctuary for illicit finance,” said Yaya Fanusie in prepared testimony to House Financial Services Committee.

According to Fanusie, cryptocurrencies have thus far been a poor form of money because they purchase goods and weapons with hard cash in places that have unreliable technology infrastructure.

Continue reading Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress at Crypto Daily™.

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