Abstract:
The launch of Bitcoin, the first cryptocurrency, in 2009, altered the traditional perspective
that people held with regard to of financial transactions. Over the years, hundreds of
cryptocurrencies have emerged and the realm of crypto (digital) assets extended its impact toglobal affairs whereas it affects domestic and international economics, politics, and the environment. Given the nature and potential of this technology, it has left a positive mark as wellas negative stains due to lack of regulation, falling prey to perversion and abuse with malicious intent to commit illicit activity. Consequently, calls for containment and regulation have been raised. However, this has proven to be difficult whereas attempts at localized regulation have proven to be inefficient and regulation through international law remains difficult. This thesis showcases the way in which the limitations of international law have contributed to the reliance on cryptocurrencies and affiliated activities to perpetrate illicit activity.
Description:
M.A. -- Faculty of Law and Political Science, Notre Dame University, Louaize, 2022; "A thesis presented to the Faculty of Law and Political Science in partial fullfillment of the requirements for the degree of Master of Arts in International Affairs and Diplomacy - International Law."; Includes bibliographical references (pages 112-123).
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