Tag Archives: Money

Crime-Terror nexus and Potential Jihadist’s Uses of Cryptocurrencies – by Daniele Maria Barone

This May, the analysis commissioned by the European Parliament TERR Committee[i] about terrorism financing by virtual currencies, “Virtual currencies and terrorist financing: assessing the risks and evaluating responses[ii]”, has depicted the complex nature of the actors generally involved in extremist groups’ online financing. Continue reading

19Jun/18

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