Tag Archives: Bitcoin

Contemporary Measures to Counter the Misuse of Cryptocurrencies – by Daniele Maria Barone

As pointed out during the International Conference on terrorism financing “No Money for Terror” held in Paris the 25-26th of April 2018, which has gathered Ministers from 80 countries and nearly 500 experts, a growing number of States is criminalizing terrorism financing as a standalone offense but the number of terrorism-financing cases being successfully prosecuted by UN Member States’ judicial systems is still limited, due to the difficulty of proving the intent that the funds would be used for terrorism purposes[i]. Continue reading

Bitcoin and other types of cryptocurrency: modern and undetectable ways to finance terrorism – by Daniele Maria Barone

In April this year, the European Parliament’s members voted by a large majority (574 yes votes to 13 no votes, with 60 abstentions[i]), to support a December 2017 agreement with the European Council, for measures aimed to prevent the use of cryptocurrencies in terrorism financing. Continue reading