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Cryptocurrencies as a Threat to U.S. Homeland Security Interests

Author

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  • Austen D. Givens

    (School of Business and Justice Studies, Utica University, Utica, NY 13502, USA)

Abstract

The use of cryptocurrencies in transnational criminal activities has grown in recent years. The scholarly literature on cryptocurrencies recognizes this trend. Yet, there has been comparatively little attention paid to the degree to which cryptocurrencies pose a direct threat to U.S. homeland security interests. This article fills a gap in the scholarly literature on cryptocurrencies by presenting evidence that cryptocurrencies are a threat to U.S. homeland security interests, specifically because of their uses for financing terrorism, enabling human and drug trafficking, and evading international financial sanctions.

Suggested Citation

  • Austen D. Givens, 2024. "Cryptocurrencies as a Threat to U.S. Homeland Security Interests," Laws, MDPI, vol. 14(1), pages 1-10, December.
    • Handle: RePEc:gam:jlawss:v:14:y:2024:i:1:p:2-:d:1555711
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    References listed on IDEAS

    as
    1. Jiaqi Liang & Linjing Li & Daniel Zeng, 2018. "Evolutionary dynamics of cryptocurrency transaction networks: An empirical study," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-18, August.
    2. Giancarlo Giudici & Alistair Milne & Dmitri Vinogradov, 2020. "Cryptocurrencies: market analysis and perspectives," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(1), pages 1-18, March.
    3. Dwyer, Gerald P., 2015. "The economics of Bitcoin and similar private digital currencies," Journal of Financial Stability, Elsevier, vol. 17(C), pages 81-91.
    4. Jiaqi Liang & Linjing Li & Daniel Zeng, 2018. "Evolutionary dynamics of cryptocurrency transaction networks: An empirical study," Papers 1808.08585, arXiv.org.
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