Abstract:

With the advancement of technology, cryptocurrencies, which provide easier, faster and cheaper global transfers over the internet, have become widespread in use and because of that it is likely to be one of the new digital developments that support the actions of terrorist organizations. The study claims that cryptocurrencies have the advantage of creating financing and transferring value for terrorist organizations over the internet, where tracking and control are difficult and study going to aim to examine the underlying reasons why terrorist organizations seek to use cryptocurrencies. In this study, it was revealed the reason of terrorist organizations need financing and which financing sources they use to meet these needs, subsequently, it was discussed what advantages the internet provides to terrorist organizations in terms of creating and managing sources of financing. Finally, the general characteristics of cryptocurrencies and the examples of why terrorist organizations are trying to take advantage of these characteristics have been discussed.

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