EU Terrorist Funding Study: Crypto No Greater Threat Than Traditional Currency, Increased Regulations Required
In a study published Monday, the EU parliamentary think tank has concluded that cryptocurrencies present no more of a threat to terrorist financing than fiat currencies, while improved regulations, industry intelligence, and community relationship building offer the strongest policy actions to combat the threat.
The report was commissioned by the European Parliament's Policy Department for Citizens' Rights and Constitutional Affairs, conducted to asses the risks imposed by the rapidly changing, decentralized space of virtual currencies.
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