U.S. National Security Report: ‘Virtual Currencies Can Disrupt Sovereignty’
A theorized based report by the RAND Corporation revealed this December details some interesting scenarios involving virtual currencies. The pdf published by the organization is over 100 pages of various possibilities concerning “non-state actors” within terrorist networks, criminal enterprises, and malicious individuals. The U.S. Military and Homeland Security funded group titles the paper, “National Security Implications of Virtual Currency” and it examines how “Virtual Currencies” (VC) could bolster these enemies of the state internationally, and within the country. The RAND Corporation....
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A US government-funded think tank has released a report that explores the implications of digital currencies issued by "non-state actors" like terrorist groups, drug cartels and insurgencies. The report by the RAND Corporation, entitled "National Security Implications of Virtual Currency", was published earlier this week. The more than 100-page report focuses primarily on hypothetical scenarios in which entities in conflict zones could seek to use a digital currency in a bid to create a domestic transaction network outside of the existing financial system. On the subject of the benefits of....
The RAND Corporation, an influential global policy think tank with strong defense and homeland security ties, has released a report titled “National Security Implications of Virtual Currency .” The report, freely available online , examines the feasibility for non-state actors, including terrorist and insurgent groups, to increase their political and/or economic power by deploying a virtual currency (VC) for use in regular economic transactions. The report was sponsored by the U.S. government through the Office of the Secretary of Defense, and the research work was conducted within the....
American non-profit global policy think tank RAND Corporation has published an extensive research paper entitled "National Security Implications of Virtual Currency," to examine the feasibility for non-state actors to increase their political power by deploying a virtual currency like bitcoin. The research addressed three main points: Why would a non-state actor (an organization with significant political influence) deploy a virtual currency? What challenges will it have to overcome? How might a government technologically disrupt a VC deployment? The purposes of deployment and development....
Bitcoin advocates may lambast the US government for being slow to clarify its position on bitcoin, but Senator Tom Carper doesn't think it's all that bad. The chair of the Senate Homeland Security and Governmental Affairs Committee released a report today exploring the legal status of virtual currencies in 40 countries. The findings? Most countries are still fumbling their way towards clarity, if they're bothering at all. "This report has some good news - namely that the United States may not be as far behind the curve on virtual currencies as some have argued," Carper said. "In fact, the....
Regulation of virtual currencies is one of the most interesting topics in the European Parliament. A new report throws light on the technology. The importance of virtual currencies and its underlying blockchain technology is being recognized by the European Union, resulting a favorable outlook towards the cryptocurrency industry by the European Parliament. The recent report published by the European Parliament stands as an evidence of its stance towards virtual currencies. The opinion report on virtual currencies and virtual currency technology was published by the Committee on the....