Government officials have always been keen on linking bitcoin to money laundering and terrorist financing. Even though none of those claims have ever been proven or verified, very few people seemed to make a fuss about it. A new UK report into this matter goes to show there is no reason to think bitcoin is involved in these malicious schemes by any means. Bitcoin is Not A Terrorist Financing Tool …
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The European Commissions has unveiled a plan to further curb terrorist financing. According to the new proposal, digital currency exchanges and cryptocurrency wallet providers will be subject to tighter regulations and more extensive data gathering requirements. “The Commission is planning to bring virtual currency exchange platforms under the scope of the Fourth Anti-Money Laundering Directive, in order to help identify the users who trade in virtual currencies. In addition, the …
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