Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
  1. Home
  2. Search

Refine search

Refine search

Access:
Content type:
Publication date:
Apply   From and To filters
Subject: Show more
Journals Show more
Publishers: Show more
Societies Show more
Series: Show more
Collections: Show more

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

1 results

  • 5 - Cyberlaundering, VASPs’ Regulation, and AML Policy Response

  • from Part II - Opportunities and Challenges in Crypto-Asset Regulation
  • Edited by Sabrina Leo, Sapienza Università di Roma, Ida Claudia Panetta, Sapienza Università di Roma
  • Book:
    The Role of Distributed Ledger Technology in Banking
    Published online:
    26 October 2023
    Print publication:
    09 November 2023, pp 114-132

  • Summary

    The chapter addresses how the VASPs’ nature could lend itself to illicit uses, due to the technological progress that has allowed to protect the authors’ names of transactions with virtual currency. Background aspects such as the pandemic and the conflict between Russia and Ukraine may have accelerated the use of VASPs also in illicit terms. Therefore, regulation is necessary for the uncontrolled development of the illicit exploitation of a distributed ledger technology (DLT) as an upstream subject of VASPs. The role of the FAFT is essential to understand what the international orientation and commitment are in contrasting the cyberlaundering phenomenon, in which the VASPs represent one of the main players and a particularly attentive element to all international jurisdictions.