Stablecoins in Southeast Asia: the less volatile cryptocurrency is a boon for terrorist groups

Posted By : Tama Putranto
1 Min Read

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Cryptocurrencies have become a convenient medium for the movement of funds due to the high degree of anonymity offered by blockchain-diffused ledgers, and the operational ease of fund transfers across continents – both of which have been exploited by terrorist and criminal networks, and even states such as North Korea.

Now, another form of cryptocurrencies – stablecoins – are making such illicit uses more viable, and raising regulators’ eyebrows.

In the past, the broad use of cryptocurrencies…

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