Latest Report States Virtual Currency is Attack Prone without State SupportA non-profit think tank RAND Corporation funded by the Pentagon and U.S. Homeland Security released a report titled “National Security Implications of Virtual Currency”, which analyzes possible scenarios of using virtual currencies (referred to in the text as just VC) by terrorists, insurgentes, organized criminals, and malevolent individuals, collectively referred to as non-state actors.
The report generally examines their possible attempts to increase political and economic power by deploying virtual currencies. The report highlights that the VC in question should be considered separately from “already-deployed” virtual currencies, such as Bitcoin. Possible applications of VC include illicit transfer, fundrasing, and money laundering.
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