The volatile nature of the crypto market makes cryptocurrencies an unreliable method of transferring or moving funds in meaningful volumes in order to finance operations in a timely fashion.

University of Minnesota - Twin Cities

- Price volatility
- Transaction traceability
- Digital infrastructure requirements
- Digital skill requirements

Limitations of terrorism financing with cryptocurrencies

Wolf, Siegfried O. (2021). Terrorism financing: Crypto-Taliban? South Asia Democratic Forum. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3941105

Terrorism financing: Crypto-Taliban? 

Price volatility

Cryptocurrency transactions in the digital space are traceable, undermining the anonymity of those involved. 

Transaction Traceability

Terrorist organizations appear to have largely steered clear of cryptocurrencies
because of the lack of reliable technical and telecommunications infrastructure in
many countries where they operate.

Digital infrastructure requirements

Managing large amounts of cryptocurrencies requires a degree of technological knowledge and sophistication that most terrorists are unlikely to possess. 

Learn Before

Related