Blockchain &  terror funding

What does India say?

The Union Home Minister of India Mr. Amit Shah compared the shift from AK-47 to Virtual assets as a medium to encourage terror activities.

Remarks from UN CTC

United Nation's Counter Terrorism Committee expressed concerns over crypto being used to fund terrorism.

Is Crypto better than Fiat?

Cryptocurrency is actually better than fiat currency. It is transparent, well-documented & even traceable to the last wallet.

Data from Chainalysis

Acc. to report by Chainalysis, only 0.15% of all crypto transactions in 2021 were associated with illicit activity.

Nothing safer than crypto

There's no form of currency as transparent & decentralized than crypto. Existing centralized system are opaque & inefficient in preventing terror.

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