The European Commission's war with Bitcoin continues, as the EU authorities they announced on Friday they are planning to set up a team at Europol to deal with money laundering with the digital currency.
Three different organizations will be responsible for the group's day-to-day operations: Europol, Interpol, and Basel Institute on Governance.
The task force is reportedly entering the final phase of a program that began last fall in the wake of the terrorist attacks attacks in Paris on November 13, 2015.
Since then, the European authorities have reportedly begun the procedures for regulating Bitcoin across Europe. The original designs were proposed in February of 2016 and were approved in July of 2016.
Επίσης, προς το τέλος Ιουλίου, η Ευρωπαϊκή Επιτροπή πρότεινε τη δημιουργία μιας βάσης δεδομένων που θα αποθηκεύει τα δεδομένα της πραγματικής ταυτότητας του χρήστη και της addresss where uses for bitcoin payments (wallet address).
This new working group is an addition to the growing presence of the EU in the cryptographic market, which EU regulators want to keep under control.
They naturally state that this is necessary to eliminate money-laundering activities that help finance terrorism. So far, there has been no report that clearly shows that Daesh (ISIS) or other terrorist groups use Bitcoin.
Meanwhile, Interpol's involvement ensures that even non-EU states will be able to use the database when needed.
