By Anna Semler
Cryptocurrency has emerged as an exciting new medium of exchange with rapid changes in value. As brands like Bitcoin become household names, questions also arise around the different uses for cryptocurrency and growing calls for regulation.
The U.S. government must develop rules to protect against illicit cryptocurrency activity, especially as adversarial states like Russia begin to use digital currencies to avoid Western sanctions and other obstacles to illegal financial activity.
What is cryptocurrency?
A cryptocurrency is a digital currency with no physical form which relies on a technology known as blockchain to record transactions. The first cryptocurrency, Bitcoin, was created by …read more
Source: Kleptocracy Initiative