Cryptocurrencies make it more difficult to catch criminals, according to UN official – Breaking News

An official of the Organization of the United Nations (UN), said that the cryptocurrencies had made more difficult the work of catching the criminals in the present. The head of the Global Programme on Cybercrime of the United Nations Office on Drugs and Crime, Neil Wals, warned that the digital currencies have been complicating the task of fighting against cybercrime, financing of terrorism and money laundering at the global level, an issue that has greatly concerned. Wals expressed the idea that criminals who use criptoactivos include global networks of sexual exploitation of children, which, according to the official, are more prevalent of which a large part of the audience understands. In addition, it considers that digital currencies add a layer of secrecy, which may facilitate the crime. The position of Wals is given to know then that the secretary of the Treasury of the united States, Steven Mnuchin, said in July that the government agencies will prevent Bitcoin (BTC) and other cryptocurrencies be converted into an “equivalent of bank accounts numbered in Switzerland”. However, the direct relationship between digital currencies and crime has been challenged on many occasions. For example, Danny Scott, CEO of the home exchange of Bitcoin with headquarters in the Isle of Man, CoinCorner, said that the decision of the CEO of the now-defunct market of the dark red, Silk Road, shows that the use of Bitcoin by criminals is a thing of the past. In addition, the latest research carried out by the company analysis of the Blockchain with headquarters in New York, Chainalysis, shows that only 8.1% of all of the assets of encryption are sent to the mixers of cryptocurrencies are linked to the illegal activity, while only 2.7% are from the markets of dark red. The statements of Wals can be rather puzzling, especially when one takes into account that the United Nations has used these assets in some of their programs, and even have been described as a “new frontier” for finance to digital. While within the UN seems to have different opinions on whether the cryptocurrencies really are beneficial or not for the current society, the organization have taken a firm stance regarding the technology Blockchain, which has been considered as an extremely useful tool to achieve the objectives of the United Nations. The following two tabs change content below. I am a student of International Studies, interested in new technologies and their impact on the world. A true believer that tenacity is the foundation of success.

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