Unregulated cryptocurrency threatens global anti-corruption efforts
Friday, April 22, 2022 | 1580 Views |
![Friend and foe: Cryptocurrencies are growing in both popularity and value PIC: MARCA.COM](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2022/04/22/35626.jpg&w=800&q=72&f=jpg&t=1)
Friend and foe: Cryptocurrencies are growing in both popularity and value PIC: MARCA.COM
Harvard law professor, Matthew Stephenson says where the criminals of yesteryear used to hide their loot in suitcases under mattresses, cryptocurrencies have removed the limits of both the suitcases and the mattresses.
“If the suitcase full of cash becomes an electronic suitcase full of cash, it could be any size, and it is the same as storing it underneath a network of computers that don’t have to go through any banks and subject to any anti money laundry rules,” he told a recent US Foreign Press Centre virtual briefing on corruption.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...