Stopping future crypto-financed terrorism ...Middle East

News by : (The Hill) -
It’s time to have a serious conversation about the ease of illicit activity in the current cryptocurrency ecosystem. With the ability to anonymously move money around the globe in an instant and a lack of basic regulation in place to prevent illegal use, crypto makes it easy to get significant amounts of money to bad actors for criminal purposes. Last year, illicit crypto use hit over $20 billion. North Korean hackers explicitly targeted crypto to fund their missile program, stealing over $1.7 billion in 2022 alone. Russia has used crypto to avoid many of the economic sanctions placed on it in response to its invasion of Ukraine. In recent weeks, the illicit uses of crypto have g

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