cryptocurrencies As it continues to become more and more popular, states and politicians are gripping the field. The latest statement on the negative aspects of cryptocurrencies came from the United Nations (UN).
held in India last weekend. UN Counter-Terrorism Committee (CTC) At the meeting, officials discussed how terrorist organizations generate resources using new technologies.
Svetlana Martynova, the UN Coordinator for Combating the Financing of Terrorism, explained in her speech that terrorist organizations commonly use cash and money order. Martynova mentioned that after that, terrorist organizations found a new way to transfer money.
According to the UN official, new ways of financing terrorist organizations consist of cryptocurrencies, mobile payment systems and exchanges.
Martynova expressed her concern on this issue with the following words:
“The nature of blockchain and cryptocurrencies creates a complex environment for financial researchers and law enforcement to follow.”
The official is concerned about crypto as it allows anonymous transfers from one end of the world to the other. The solution proposed by Svetlana Martynova to this problem is common regulations to be implemented by the whole world. Another speaker, Eurasian EAG Secretary Sergey Teterukov, supported Martynova’s rhetoric.
António Guterres, Secretary General of the United Nations, recently mentioned that crypto technology has great potential in a positive way. However, it is clear that cryptocurrencies are abused by bad people.
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