Abstract
This write-up among other things seeks to analyse the nature of the 'BITCOIN' crypto-currency, especially the destabilizing effect and dangers it poses to the financial sector, the regulators and the anti-money laundering regime as a whole. It will also look at the possibility of effectively regulating the currency 'Bitcoin' in its virtual environment in order to curb the risks associated with its use, such as drug dealing, tax avoidance, terrorist financing and blackmailing.Furthermore, this write-up will discuss how far civil liberty can go in limiting online surveillance activities of enforcement agencies which are done in a bid to retrieve electronic data that might reveal financial crimes and terrorist financing. It concludes by suggesting effective measures which can be used to police Bitcoin transactions rather than prohibit its use.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
