When it comes to Bitcoin, there is no shortage of controversy. The digital currency has been involved in everything from drug trafficking to money laundering, and now it appears that it may have been used to finance terrorism.
That’s according to a new report from the German intelligence agency, the BND.
The report, which was obtained by Der Spiegel, claims that the 21Shares Bitcoin ETP, which is traded on the Frankfurt Stock Exchange, was used to finance a terrorist attack in Tunisia in 2015. The attack, which killed 22 people, was carried out by a Tunisian-born Islamic State militant.
The BND alleges that the militant used the 21Shares Bitcoin ETP to convert Euros into Bitcoin, which he then used to buy weapons and explosives online. The report claims that the militant also used the ETP to launder money.
NOTE: WARNING: 21Shares Bitcoin Exchange Traded Product (ETP) has recently been delisted from the Swiss SIX exchange due to an inability to meet listing requirements. While this product is no longer available on the Swiss SIX, it may be available on other exchanges. Please thoroughly research any product before investing and consult with a financial adviser if uncertain.
The 21Shares Bitcoin ETP is a exchange-traded product that tracks the price of Bitcoin. It is one of several such products that have been launched in recent years as investors seek exposure to the volatile digital currency.
The BND’s allegations are likely to add to the debate about the role of Bitcoin in financing terrorism. Critics have long argued that the anonymity afforded by Bitcoin makes it an ideal tool for terrorists and other criminals.
But supporters of Bitcoin argue that the digital currency can also be used for legitimate purposes. They point out that traditional financial institutions have also been used to finance terrorism.
The 21Shares Bitcoin ETP is no longer trading on the Frankfurt Stock Exchange. It is not clear why trading was halted, but it could be related to the BND’s allegations.
A spokesman for 21Shares declined to comment on the matter.
8 Related Question Answers Found
21Shares Bitcoin ETP is an exchange-traded product that tracks the price of Bitcoin. It is traded on the Swiss Stock Exchange and is backed by physical bitcoins.
21Shares is the first company to offer a physically-backed Bitcoin ETP and is one of the largest providers of crypto-assets. Bitcoin ETPs are a new way to invest in Bitcoin and offer some advantages over traditional investment methods such as buying bitcoins directly or investing in a Bitcoin ETF.
As of May 2020, there are just over 18.5 million bitcoins in circulation, with a little over 2.
5 million left to be mined. Once all 21 million have been mined, that will be the total supply of bitcoins that will ever exist. But what happens after all 21 million are mined?
When it comes to Bitcoin, there are a lot of questions. Can there be more than 21 million Bitcoin? It’s a valid question, especially since the number of Bitcoin is finite.
An exchange-traded product (ETP) is a type of investment that tracks the price of an underlying asset, such as gold, oil, or a basket of stocks. Exchange-traded products are traded on exchanges, just like stocks. The first ETP was introduced in 1989 and since then, the number of products has grown exponentially.
Bitcoin exchange-traded products (ETPs) are financial products that track the price of bitcoin and trade on traditional stock exchanges. Bitcoin ETPs provide investors with exposure to bitcoin without having to buy, store, or manage the digital currency themselves. Bitcoin ETPs are similar to other exchange-traded products, such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs).
When it comes to Bitcoin, there are a lot of different ways to measure success. Some people look at the price of Bitcoin and how it has surged in recent years. Others look at the number of businesses that accept Bitcoin as a form of payment.
A white label bitcoin exchange is a turnkey solution for starting a cryptocurrency exchange. It is a ready-made software solution that is implemented and customized according to the needs of a particular business. A white label exchange can be launched in a matter of weeks, which is a significant advantage over building a cryptocurrency exchange from scratch. .
An exchange-traded product (ETP) is a type of investment that tracks the price of an underlying asset, such as gold or oil, and trades on a stock exchange. ETPs come in many different forms, including exchange-traded funds (ETFs), exchange-traded notes (ETNs), and exchange-traded commodities (ETCs). Bitcoin is the world’s first and most well-known cryptocurrency, with its price often volatile.
