Bitcoin and the blockchain technology which drives it has emerged as one of the most disruptive digital innovations in recent years.
These technologies are posited as being potential catalysts of transnational crime on one hand and as potential tools in the fight against corruption on the other. Neither perspective is true in the absolute sense. Bitcoin and other digital currencies can be used to expedite cross-border crime, tax evasion and corruption. However, Bitcoin transactions are meticulously recorded, and digital currencies are increasingly accepted as a legitimate investment.