...Brandon C. Dulisse; Jaden Denis; Nathan Connealy Purpose This systematic scoping review aims to map the peer-reviewed evidence on cryptocurrency-enabled money laundering to highlight significant gaps in knowledge, particularly regarding its role in the rapid expansion of Southeast Asia’s scam...

...Mohamed Fathi; Muhammad bin Saud Al-Shammar; Gamal Sayed Khalifa Mohamed Purpose This study aims to contribute to comprehending the challenges faced by Saudi Arabia in tackling the financial crimes enabled by cryptocurrency, especially in decentralized environments. Design/methodology/approach...

... such additional costs, start-up companies may find it challenging to do so (FATF, 2022 ; Landtwing Leupi, 2020b). Anti-money laundering Cryptocurrency Crypto assets Blockchain Blockchain, the underlying technology for crypto assets such as Bitcoin, functions as a payment mechanism...

... the rather clever solutions of Fennoscandic (especially Finland) regarding money laundering of virtual currencies. KYC Cryptocurrency Know your customer Virtual currencies [ 1 ] are no longer a niche sparking the interest of only the most hardcore tech enthusiasts, but have swiftly gained...

... business. Virtual money then started to become a phenomenon in society since the emergence of cryptocurrencies as a form of technology development of e-commerce activities. Design/methodology/approach This research method is normative law which is prescriptive. The data collection technique used...

... Blockchain Cryptocurrency Data privacy and security Because the market valuation of cryptocurrencies has surpassed $2.5tn and is still rising (Global Cryptocurrency Charts, 2021), governments throughout the world have begun looking into the threats posed by this new asset class. Over the past...

... uniformity in applications. The quest for harmonization should be a priority as the FATF works towards developing a global standard. The global standard will support a uniform application of AML/CTF laws and regulations related to cryptocurrencies and the blockchain technology. Money laundering...

... many law papers have explored the white supremacist movement, the financing side has gone under-analyzed in scholarly research. This is important in light of the rise of the internet, online payment processors, cryptocurrencies and remote organizing and fundraising. Social implications The 2017...

...Katsiaryna Bahamazava; Stanley Reznik Purpose In the age of DarkNetMarkets proliferation, combatting money laundering has become even more complicated. Constantly evolving technologies add a new layer of difficulty to already intricated schemes of hiding the cryptocurrency’s origin. Considering...

... of the concept of “virtual assets,” enshrined in their domestic law. It should be noted that the definition of “virtual assets” is often identified with another definition of the latest technology – “cryptocurrency.” However, according to the analyzed sources, it should be noted that the first definition...

... for further research in central bank digital currencies. Digital currency Money Central bank Central bank digital currency CBDC Digital finance Cryptocurrency Financial inclusion CBDC design Blockchain Distributed ledger technology E42 E44 E52 E58 This paper aims to provide...

...Eric Pettersson Ruiz; Jannis Angelis Jannis Angelis can be contacted at: jannis.angelis@indek.kth.se Cryptocurrencies are a financial asset class increasing in use, with traded cryptocurrencies having a market capitalization of over $3 trilion in 2021 (Ossinger, 2021). They have...

... of the initial implicit ban and the ability and willingness of the assessee to regulate cryptocurrencies. They rated Bangladesh “C” (compliant) (APG, 2016 , p. 176) for the highest level of compliance with FATF Recommendation 15 – new technologies. Regardless, one could disagree to give the benefit of doubts...

...Md. Zahurul Haq; Zainal Amin Ayub; Zuryati Mohamed Yusoff; Md Abdul Awal Khan Purpose This paper aims to critically explore the factors influencing the regulation of gambling and cryptocurrencies as part of anti-money laundering (AML) initiatives in Bangladesh. As a member of the Asia/Pacific...

... currency (Preuss, 2019). Within the white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System,” he describes the technical basis for cryptocurrencies and blockchain technology. The American software developer Hal Finnley is the first known recipient of a blockchain transaction and is often...

... model (“cash-in”) With the threat of ransomware rapidly evolving and new families of malware emerging, it is ever more pertinent to understand the patterns and the footprint these attacks leave in the cryptocurrency ecosystem to understand and possibly circumvent ransomware attacks. In what...

... cryptocurrencies are being used as a vehicle for financial crime (such as money laundering, terrorist financing and corruption) and propose a more effective international standard for regulation that uses the Liechtenstein blockchain act as a benchmark. This paper investigates how cryptocurrencies...

... application is probably cryptocurrency. Ever since the first cryptocurrency, Bitcoin, was invented in 2008, compliance experts have criticized its role in allegedly facilitating criminal activity. In particular, it is frequently argued that cryptocurrencies are used for illicit online purchases, to finance...

... (Turner and Irwin, 2018). At the time WannaCry was one of the biggest outbreaks of ransomware (F-Secure, 2017), proving a strong indication of the evolving cryptocurrency threat from ransomware and the need for intelligence services to counter that threat. Adam B. Turner can be contacted...

... the funds from their suspicious origins; and integration – moving assets in a way that allows money to be reintegrated into the economy and which benefits the criminal (Brown, 2016). Cryptocurrencies are unique in that they may enter or exit the process at any stage and serve as both...