Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
Alessandro Arduino
Opinion

Opinion

Alessandro Arduino

Stablecoins in Southeast Asia: the less volatile cryptocurrency is a boon for terrorist groups

  • Despite the appeal of anonymity and ease of international fund transfers, large swings in value have made cryptocurrency unattractive to extremist and criminal networks
  • But stablecoins, which have a value fixed against a certain asset, offer these groups an advantage – as does the widespread adoption of digital payments in Southeast Asia

Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
READ FULL ARTICLE
Alessandro Arduino

Alessandro Arduino

Dr Alessandro Arduino is principal research fellow at the Middle East Institute at the National University of Singapore, specialising in the roles played by private military contractors and technology in modern warfare.