Press
Showing 1-20 of 37 Items
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‘They’re opportunistic and adaptive’: How Hamas is using cryptocurrency to raise funds
In The News
Hamas’ use of digital currency represents just one of the many ways the group – designated a terrorist organization by the United States and European Union – has sought to rai...
By Yaya J. Fanusie
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Binance Feels Strain of World’s Regulators Leaping Into Action
In The News
“The operating environment is going to be more difficult for entities that want to operate in an undefined regulatory location,” said Yaya Fanusie, director of policy for AML ...
By Yaya J. Fanusie & Alex Zerden
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China’s Digital Yuan Works Just Like Cash—with Added Surveillance
In The News
While results from the expanding trials have been modest so far, Yaya J. Fanusie, a senior fellow at the Washington, DC, think tank the Center for a New American Security, say...
By Emily Jin & Yaya J. Fanusie
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DeFi vs. Regulators: Who’s Winning?
In The News
The view of Ethereum's stepped-up compliance from Wall Street and Washington is quite different from that of the crypto purists. For big financial institutions eager to avoid ...
By Yaya J. Fanusie
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China’s International Blockchain Push May Face Huawei-Like Obstacles
In The News
BSN Spartan was developed by Hong Kong-based Red Date Technology Ltd, which Beijing tapped to design and build China’s domestic blockchain infrastructure. Red Date, which the ...
By Yaya J. Fanusie
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Cybercrime Investigators Probing Oligarch Use of Crypto to Dodge Sanctions
In The News
The Treasury Department’s decision to designate the platform has created a degree of confusion within the wider cryptocurrency community. “There’s a huge uproar in the crypto-...
By Yaya J. Fanusie
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Islamic State Turns to NFTs to Spread Terror Message
A simple digital card praising Islamist militants for an attack on a Taliban position in Afghanistan last month is the first known nonfungible token created and disseminated b...
By Yaya J. Fanusie
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Tether ignores Treasury’s sanction of Tornado Cash, says freezing some accounts could be ‘reckless’
In addition to Ethereum, some of those wallets held two different stablecoins: USDC, associated with the company Circle Internet Financial, and Tether. According to Yaya Fanus...
By Yaya J. Fanusie
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US government amps up inevitable clash with crypto privacy in tornado cash blacklisting
When the U.S. Treasury Department blacklisted Tornado Cash on Monday, banning all Americans from using the service, regulators dramatically escalated that battle as they seek ...
By Yaya J. Fanusie
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What do El Salvador, Iran and North Korea have in common? They’re all feeling the heat in the great crypto crash.
In The News
The crash of cryptocurrency prices has been well documented, particularly when it comes to retail investors and traders who have lost huge sums of money. But crypto isn’t only...
By Yaya J. Fanusie
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Ex CIA Analyst: Crypto-Gaming Vulnerable to Financial Crime
Online games that incentivize players by rewarding them with virtual assets are wide open to money laundering, scams and other forms of financial crime, according to a former ...
By Yaya J. Fanusie
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Surveillance Risks Shape How Central Banks Test Digital Currencies
In The News
Beijing has released few details about e-CNY’s underlying technologies. Publicly available data suggest a centralized system that allows authorities to monitor transactions in...
By Yaya J. Fanusie
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Experts fear political use of digital yuan
In The News
Beijing might have another motive in mind for its digital yuan: gathering transaction data. The e-CNY is a “data issue,” said Yaya Fanusie, Adjunct Senior Fellow at the Center...
By Yaya J. Fanusie
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Bitcoin sanctions could be next, but most Russians won’t care
In The News
As Moscow’s war on Ukraine rages on and the Russian economy and currency spiral to new lows, Washington is reportedly trying out a new way to dial up the pressure on Putin: sa...
By Yaya J. Fanusie
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Digital Yuan Showcases the Real Value of Bitcoin
In The News
The Beijing Winter Olympics are set to conclude on Sunday after two weeks of showcasing the best of human sportsmanship and, of course, controversy. But the event has also bee...
By Yaya J. Fanusie
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China Is Showing Off the Digital Yuan at the Olympics. Can the U.S. Compete?
China is competing for more than just medals at the Winter Olympics in Beijing this month. It’s also quietly trying to define the future of money. Although attendees can pay v...
By Yaya J. Fanusie
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China’s digital yuan is a warning to the world
In The News
In April 2020 a grainy screenshot of China’s sovereign digital currency, DCEP (short for Digital Currency/Electronic Payments) or the Digital Chinese Yuan (DCNY), was leaked o...
By Yaya J. Fanusie
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The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next
This year has been rife with anxiety about inflation. Economist Lawrence Summers sent up an early warning flare in March, speculating that debt-financed government coronavirus...
By Yaya J. Fanusie
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Should Chinese Bitcoin miners move to the world and the United States should welcome it with open arms?
In The News
Since May this year, the Chinese government has severely cracked down on Bitcoin trading and mining, causing Bitcoin miners to have to look elsewhere. Including the states of ...
By Yaya J. Fanusie
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Why does the Federal Reserve need a digital currency?
In The News
Digital money is nothing new—debit and credit cards have been with us for years. What’s changed is its pervasiveness. With fewer people carrying paper money, and with some pla...
By Yaya J. Fanusie
