Virtual Safe Haven: 5 Reasons Digital Currencies Fuel Cybercrime


2. Anonymous

Purchasing virtual currencies sometimes requires a registration process at some exchanges, but there are services that allow users to purchase currency by merely providing funds, the McAfee researchers said. The level of privacy depends on the nature of the initial currency purchase.

The McAfee report highlighted Ukash, a service aimed at people that do not have a credit or debit card. The service is thriving, supported by more than 420,000 outlets, in more than 55 countries.