Accession Number:

AD1078166

Title:

Regulating Bitcoin to Protect Our National Interests

Descriptive Note:

Technical Report,01 Jan 2018,31 May 2018

Corporate Author:

NAVAL WAR COLLEGE NEWPORT RI NEWPORT United States

Personal Author(s):

Report Date:

2018-02-12

Pagination or Media Count:

32.0

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.

Subject Categories:

  • Economics and Cost Analysis
  • Military Operations, Strategy and Tactics

Distribution Statement:

APPROVED FOR PUBLIC RELEASE