Lacksidasical AML Efforts Help Fund Terrorist Attacks – Bitcoin Not To Blame

Lacksidasical AML Efforts Help Fund Terrorist Attacks – Bitcoin Not To Blame

Contrary to popular belief, Bitcoin is not the preferred currency to fund terrorist attacks. Due to its open ledger accountability and not offering any form of anonymity whatsoever, Bitcoin transactions can easily be tracked from origin to recipient. The main threat comes from insufficient dirty money regulation, especially as far as the UK is concerned. Laundering money is a serious threat to countries all over the world. Unfortunately, there are a fair amount of countries- including the UK – who suffer from insufficient anti-money laundering scrutiny. In doing so, it is much easier to....


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