Regulating Bitcoin to Protect Our National Interests

Abstract

Violent Extremist Organizations (VEOs) need financial networks to conduct their operations and achieve their goals. Seeking a new way to build and maintain their financial networks, VEOs have turned to the Internes and virtual currencies to finance their operations. The U.S. must mitigate the misuse of cryptocurrencies by regulating their use under traditional financial laws, and in a further step, dedicate national assets to mine cyber currencies in order to disrupt VEO funding and prevent adversarial nation-states from maneuvering around sanctions.

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Document Details

Document Type
Technical Report
Publication Date
Feb 12, 2018
Accession Number
AD1078166

Entities

People

  • Tracy J. Ostrom

Organizations

  • Naval War College

Tags

Communities of Interest

  • Cyber

DTIC Thesaurus Topics

  • Blockchain
  • Commerce
  • Computers
  • Congress
  • Cryptocurrency
  • Dark Web
  • Economics
  • Finance
  • Governments
  • Law
  • Money
  • North Korea
  • Security
  • Terrorism
  • Terrorists
  • United States
  • War Colleges

Fields of Study

  • Computer science

Readers

  • Cybersecurity.
  • Political Violence and Terrorism Studies.
  • Strategic Security Studies

Technology Areas

  • Cyber