TY - BOOK
T1 - Digital Currencies
T2 - an Analysis of Its Present Regulation in the UK: a collaborative essay by NINSO, the Northumbria Internet & Society Research Group
AU - Allsop, Rachel
AU - Noto La Diega, Guido
AU - Onitiu, Daria
AU - Rasiah, Samantha
AU - Thanaraj, Ann
PY - 2019/6/29
Y1 - 2019/6/29
N2 - Digital currencies, whilst being an innovative payment method, poses several regulatory challenges in light of the possibilities to be used for a criminal purpose. This collaborative essay illustrates a brief report, which intends to provide for a general outlook on the UK’s effort in understanding the risks digital currencies pose to financial crime, money laundering, terrorist financing and cybercrime. This premise paves the way for ensuring the balance between protection of essential interests and innovation, most notably, in ensuring the implementation of the 5th Money Laundering Directive.
AB - Digital currencies, whilst being an innovative payment method, poses several regulatory challenges in light of the possibilities to be used for a criminal purpose. This collaborative essay illustrates a brief report, which intends to provide for a general outlook on the UK’s effort in understanding the risks digital currencies pose to financial crime, money laundering, terrorist financing and cybercrime. This premise paves the way for ensuring the balance between protection of essential interests and innovation, most notably, in ensuring the implementation of the 5th Money Laundering Directive.
M3 - Other report
T3 - Northumbria Legal Studies Working Paper No. 2019/03
BT - Digital Currencies
PB - University of Northumbria, Newcastle-upon-Tyne.
ER -