End of Bitcoin? EU plans identity CRACKDOWN which will store the identities of ALL users

End of Bitcoin? EU plans identity CRACKDOWN which will store the identities of ALL users
 

The move would see a central database holding key data on everyone who bought or sold Bitcoin on digital exchanges.
A new amendment to the anti-money laundering directive outlined the plan proposing a “central database registering users' identities and wallet addresses”.
When the crackdown was first announced Europe’s Justice Commissioner Vera Jourova said: “Today’s agreement will bring more transparency to improve the prevention of money laundering and to cut off terrorist financing.”
A key factor of Bitcoin's popularity is said to be its anonymity which allows people to buy and sell... read more

 
19 December 2017 in Business, Views: 51
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