Regulation on Darkcoins in Korea : Focusing on Its Policy Analysis
0
조회
0
다운로드
3
인용
0
참고문헌
키워드
초록
Since its appearance in 2008, cryptocurrencies have provided not only opportunities but also threats to individual users and society. Cryptocurrency is characterized by no central control due to blockchain technology and strengthened anonymity. Recently, Darkcoin with enhanced anonymity have appeared and it is being abused for various crimes, terrorism, and money laundering. Recently, related crimes are continuously increasing in Korea., as we have seen in the “Telegram Nth room incident”. The purpose of this study is to make regulatory policy proposals to relevant government agencies by examining the criminality of Darkcoin and analyzing related policies. First, through stakeholder analysis, interests and influences of regulatory agencies, law enforcement agencies, virtual currency service providers, cyber security companies, users, and criminals are examined. Second, domestic policy and legal environments are reviewed and four policy alternatives are suggested. Third, those policy alternatives are analyzed in terms of cost, effectiveness, implementation feasibility, and political feasibility through Criterion-Alternative Matrix. Based on these analyses, relevant policy recommendations are proposed to the authorities.
Abstract
Since its appearance in 2008, cryptocurrencies have provided not only opportunities but also threats to individual users and society. Cryptocurrency is characterized by no central control due to blockchain technology and strengthened anonymity. Recently, Darkcoin with enhanced anonymity have appeared and it is being abused for various crimes, terrorism, and money laundering. Recently, related crimes are continuously increasing in Korea., as we have seen in the “Telegram Nth room incident”. The purpose of this study is to make regulatory policy proposals to relevant government agencies by examining the criminality of Darkcoin and analyzing related policies. First, through stakeholder analysis, interests and influences of regulatory agencies, law enforcement agencies, virtual currency service providers, cyber security companies, users, and criminals are examined. Second, domestic policy and legal environments are reviewed and four policy alternatives are suggested. Third, those policy alternatives are analyzed in terms of cost, effectiveness, implementation feasibility, and political feasibility through Criterion-Alternative Matrix. Based on these analyses, relevant policy recommendations are proposed to the authorities.
참고문헌 (30)
- 이규옥, "블록체인을 활용한 ICO의 이해와 금융법상 쟁점", 금융법연구, 14(2), pp.73~118 (2017), 한국금융법학회[DOI]
- Regulation of virtual assets, "Hexlant Research", ~, pp.Issue Report 10 (2020)
- 홍성혁, "Survey on Analysis and Countermeasure for Hacking Attacks to Cryptocurrency Exchange", 한국융합학회논문지, 10(10), pp.1~6 (2019), 한국융합학회[DOI]
- Blockchain technology trends and implications, "Lee, J.", ~, pp.Trends and Issues No. 34 (2017)
- Analysis by the standing committee on a 2018 fiscal year, "National Assembly Budget Office", ~ (2019)
- Office for Government Policy Coordination, "The government prepares special measures for eradicating", ~ (2017)
- "virtual currency speculation"[URL]
- , 2020
- Cryptocurrency-related crime and criminal justice, "Yeon, S.", Korean Institute of Criminology Research, 1~401 (2017)
- Brill, A., "Cryptocurrencies: The next generation of terrorist financing?", Defence Against Terrorism Review, 6(1), pp.7~30 (2014)
- Brown, S. D., "Cryptocurrency and criminality : The Bitcoin opportunity", The Police Journal, 89(4), pp.327~339 (2016)
- Buxton, J., "The rise and challenge of dark net drug markets", Policy Brief, 7, pp.1~24 (2015)
- Eppler-Epstein, S., "Equal justice for all? An analysis of initiatives to reduce racial and ethnic disparities in juvenile detention", Doctor, pp.2015
- "National money laundering and terrorist financing risk assessment" (2013)[URL]
- "Virtual currencies-key definitions and potential AML/CFT risks" (2014)[URL]
- Mirea, M., "The not so dark side of the darknet : A qualitative study", Security Journal, 32(2), pp.102~118 (2019)
- Munger, M. C., "Analyzing policy: Choices, conflicts, and practices" (2000), WW Norton
- Nakamoto, S., "Bitcoin : A peer-to-peer electronic cash system" (2018), Satoshi Nakamoto Institute
- The conditions for conditionality in cash transfers: Does one size fit all? What Works for Africa’s Poorest: Programmes and Policies for the Extreme Poor, "Pellerano, L.", 223~242 (2017)
- "Terrorist use of cryptocurrency" (2019)[URL]
- "Upbit seeks to abolish ‘Dark Coin’ listing, including Monero" (2019)[URL]
- "World’s largest child exploitation market operator arrested with Bitcoin tracking" (2019)[URL]
- "Terrorist organization cryptocurrency exploits will be rising in US" (2020)[URL]
- "Analysis of 7 dark web markets" (2017)[URL]
- "Korean regulator to reflect FATF standards for crypto exchanges in relevant law" (2019)[URL]
- "NTS, 80 billion tax bomb on Bithumb…Virtual currency industry embarrassment" (2019)[URL]
- "Mt. Gox Bitcoin criminal charges, the official statement" (2017)[URL]
- "NSHC, Dark web drug sites and users increased rapidly" (2020)[URL]