A Dissertation on the crypto currency system the background etc the way it benefits society and the money system but …the main discussion will be the …..
Challenging Nature of Cryptocurrency: Regulation Strategies for Government to Tackle Money Laundering and Terrorism Financing through Cryptocurrency
Although, cryptocurrencies offer the benefit of making transactions without an intermediary, but the popularity of this currency has also led to unintended consequences. Regulators cannot be aware of the reason behind money transferred through cryptocurrencies, which has led to preference by criminals to evade sanctions and use cryptocurrencies. This nature of decentralised unregulated entity for financial transactions offers a route to criminals for sponsoring terrorist related activities as well as launder money out of home countries. Therefore, in this study the research will be analysing cryptocurrency as a source of criminal activities, by reviewing past cases where similar instances have occurred, which can help governments in reducing such uses….