18 May 2017

Terrorist Use of Virtual Currencies: Containing the Potential Threat

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Will virtual currencies (VC) increasingly replace traditional methods of funding terrorism, including the halawa system? According to Zachary Goldman et al, extremists in the Gaza Strip have already used virtual currencies to fund their operations and members of the Islamic State have been particularly receptive to the new technology, at least at the local level. To prevent the spread of VC funding on a larger scale, our authors argue that counterterrorism communities should adopt three guiding principles to shape their future policies. Explore them here.

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