The Cryptocurrencies Impact on National Security

Authors

  • Krassimir Pingelov, PhD Student Department of National and Regional Security, Faculty of Economics of Infrastructure, UNWE Author

DOI:

https://doi.org/https://doi.org/10.37075/RP.2022.3.07

Keywords:

National security, Block chain, Cryptocurrencies, Stock exchanges
E40, F31, G18, K42

Abstract

This document considers crypto currencies as a new form of economic asset that gains more and more popularity. They show elements of “money” and although are not recognized as official means of payment they can be used for selling and buying goods and services. As such, they could be considered as competitive to “fiat” money and can influence world economy and country’s national security. Alongside the positive aspects of the cryptocurrencies, they are a good foundation for illegal activities.

References

Mike Orcuttarchive page (2021). Criminals laundered $2.8 billion in 2019 using crypto exchanges, finds a new analysis. DOI: https://www.technologyreview.com/2020/01/16/130843/cryptocurrency-money-laundering-exchanges/

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Published

2022-07-21

Issue

No. 3 (2022)

Section

Articles

License

Copyright (c) 2022 Krassimir Pingelov (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright to their works.

All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.

How to Cite

Pingelov, K. (2022). The Cryptocurrencies Impact on National Security. Research Papers, 3, 123-136. https://doi.org/https://doi.org/10.37075/RP.2022.3.07