Virtual currency as a threat of money laundering

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11220%2F17%3A10360270" target="_blank" >RIV/00216208:11220/17:10360270 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Virtual currency as a threat of money laundering
Original language description
The virtual currency represents a relatively new phenomenon and its use is associated with many pros and cons. The possible risks include, among other things, anonymity of the virtual currency, the practical impossibility to trace its owners, the speed of money transfer around the world (especially in non-cooperating jurisdictions), lack of transparency and minimal regulation yet . Due to the fact that the use of virtual currency is becoming increasingly important, the states and international organizations should tackle threats that its use brings - apart from hacker attacks on the exchange platforms, there is a threat of money laundering and terrorist financing as well. This paper aims to point out, based on the technical aspects of the virtual currency, that the virtual currency poses a legitimate threat of misuse for money laundering.
Czech name
—
Czech description
—

Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)