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Board Pilipinas
Merits 3 from 3 users
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Heads up! "Researchers in Philippines Track Crypto Use By Terrorists"
by
Darker45
on 21/05/2020, 09:43:40 UTC
⭐ Merited by maxreish (1) ,bisdak40 (1) ,julerz12 (1)
Just sharing you this recent research finding by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR).

Here is the article by Amparo Pamela Fabe, a "countering the financing of terrorism expert and an anti-money laundering analyst." The author is also "a Senior Fellow of the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR)."

While we cannot verify the veracity of this particular finding, the recommendations that this body might submit to the government authorities, regulating bodies, and legislative committees might present cryptocurrency or Bitcoin in a bad light. As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years.

"Thus, in a bid to prevent future terrorist attacks, the Philippines has to ramp up efforts to implement Anti-Money Laundering and Countering Financing of Terrorism in cryptocurrencies."

Sources:

1. https://pipvtr.org/2020/05/20/terrorism-financing-continues-unabated-during-the-covid-19-pandemic/
2. https://cointelegraph.com/news/researchers-in-philippines-track-crypto-use-by-terrorists