The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions.
As consumer payment services have been developed at a rapid rate in recent years, the introduction to the market of decentralised, non-regulated cryptocurrencies has enabled a significant increase in acts of criminality in the cyber environment. Efforts to combat and curb the continued growth of suc...
Main Authors: | , |
---|---|
Format: | Others |
Language: | English |
Published: |
KTH, Entreprenörskap och Innovation
2016
|
Subjects: | |
Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-188935 |
id |
ndltd-UPSALLA1-oai-DiVA.org-kth-188935 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-UPSALLA1-oai-DiVA.org-kth-1889352016-08-24T05:06:27ZThe Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions.engCian, HealyLI, ZHEKTH, Entreprenörskap och InnovationKTH, Entreprenörskap och Innovation2016Virtual CurrencyCryptocurrencyBitcoinIllicit Financial TransactionsCybercrime.As consumer payment services have been developed at a rapid rate in recent years, the introduction to the market of decentralised, non-regulated cryptocurrencies has enabled a significant increase in acts of criminality in the cyber environment. Efforts to combat and curb the continued growth of such illicit activities have included the development, implementation and enforcement of legislation and regulations by governing authorities on a global scale. For the purpose of this thesis, interviews were conducted with several industry experts and governmental officials specializing in the use of virtual currencies for illicit financial transactions, namely fraud, money laundering and tax evasion. While the extent to which decentralised, non-regulated payment services actually contributes to illicit financial transactions remains unclear, it can certainly be said that as the use of new and emerging virtual currencies increases, so too will acts of criminality in the cyber world. Student thesisinfo:eu-repo/semantics/bachelorThesistexthttp://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-188935application/pdfinfo:eu-repo/semantics/openAccess |
collection |
NDLTD |
language |
English |
format |
Others
|
sources |
NDLTD |
topic |
Virtual Currency Cryptocurrency Bitcoin Illicit Financial Transactions Cybercrime. |
spellingShingle |
Virtual Currency Cryptocurrency Bitcoin Illicit Financial Transactions Cybercrime. Cian, Healy LI, ZHE The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions. |
description |
As consumer payment services have been developed at a rapid rate in recent years, the introduction to the market of decentralised, non-regulated cryptocurrencies has enabled a significant increase in acts of criminality in the cyber environment. Efforts to combat and curb the continued growth of such illicit activities have included the development, implementation and enforcement of legislation and regulations by governing authorities on a global scale. For the purpose of this thesis, interviews were conducted with several industry experts and governmental officials specializing in the use of virtual currencies for illicit financial transactions, namely fraud, money laundering and tax evasion. While the extent to which decentralised, non-regulated payment services actually contributes to illicit financial transactions remains unclear, it can certainly be said that as the use of new and emerging virtual currencies increases, so too will acts of criminality in the cyber world. |
author |
Cian, Healy LI, ZHE |
author_facet |
Cian, Healy LI, ZHE |
author_sort |
Cian, Healy |
title |
The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions. |
title_short |
The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions. |
title_full |
The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions. |
title_fullStr |
The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions. |
title_full_unstemmed |
The Role Decentralised Non-Regulated Virtual Currencies Play in Facilitating Unlawful Financial Transactions. |
title_sort |
role decentralised non-regulated virtual currencies play in facilitating unlawful financial transactions. |
publisher |
KTH, Entreprenörskap och Innovation |
publishDate |
2016 |
url |
http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-188935 |
work_keys_str_mv |
AT cianhealy theroledecentralisednonregulatedvirtualcurrenciesplayinfacilitatingunlawfulfinancialtransactions AT lizhe theroledecentralisednonregulatedvirtualcurrenciesplayinfacilitatingunlawfulfinancialtransactions AT cianhealy roledecentralisednonregulatedvirtualcurrenciesplayinfacilitatingunlawfulfinancialtransactions AT lizhe roledecentralisednonregulatedvirtualcurrenciesplayinfacilitatingunlawfulfinancialtransactions |
_version_ |
1718380170425925632 |