Europe Is Cracking Down On Bitcoin To Impede Terrorist Financing

On Friday, European leaders will ask the European Commission to further regulate the use of anonymous, virtual currencies like bitcoin.

Following the brutal attacks in Paris last week, European officials are seeking new ways to prevent future acts of terrorism. One way to do this, they believe, is to make it more difficult to transfer money anonymously and to use virtual currencies like bitcoin, which can allow terrorists to operate under the radars of investigators.

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Published on November 19, 2015 08:45
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