The rapid rise of Bitcoin has prompted extensive discussion about the nexus between virtual currencies and financial crime. This paper examines the financial crime risks involving virtual currencies, the challenges that come with attempting to address those risks, and considers the implications for key stakeholders.
The enormous attention given to Bitcoin’s rise has prompted security agencies to ponder whether cryptocurrencies could become a terrorist financing tool. A recent case suggests terrorists may be testing the waters. But overreaction could stifle an important new financial technology.
The launch of more than 100 satellites on board the Indian Polar Space Launch Vehicle (PSLV) last week has smashed the previous world record held by Russia since 2014. India’s space programme is driven by regional competition and security concerns, national ambition in the scientific domain and, above all, a laser focus on cost effectiveness.
The deputy commander of the US Navy, Admiral Bill Moran, has announced that its thinking on unmanned systems had changed. The systems now no longer needed their own separate office and its areas of interest and responsibilities would now be absorbed within existing structures. It’s the American way.
There currently exists an alphabet soup of organisations tasked with upholding the the UK’s cyber-defences. Proposals for a national UK Cyber Response Team will therefore need to have clear responsibilities, differentiating from other cyber-response initiatives
The Obama Administration has announced a shift in emphasis for missile defence capabilities away from Europe to the US mainland. While this could help allay Russian concerns about the NATO system, Moscow's leaders may require more confidence-building measures.
The continuing development of North Korea's nuclear and missile capabilities is testing the readiness and long-term planning of South Korea's missile defences. The plans will undoubtedly be overshadowed by Chinese concerns.
The latest crisis between Israel and Palestine highlighted the utility of the Israel Defence Force’s Iron Dome system. It emphasises once again the importance of missile defence and has gained the attention of the United States. Still deemed as a key US priority, it sees cooperation with Israel as integral to developing future capabilities.
The IAEA's latest report shows that Iran has greatly upgraded its uranium enrichment capacity. Some argue that Iran is poised to enter a "zone of immunity". But what does this mean, and is it a useful concept?