Europol Money Laundering Control Team with Bitcoin

The European Commission's war with Bitcoin continues, as the EU authorities they announced την Παρασκευή ότι σχεδιάζουν να δημιουργήσουν μια ομάδα στην για να ασχοληθεί με δραστηριότητες ξεπλύματος χρήματος με το ψηφιακό .

Three different organizations will be responsible for the team's day-to-day work: Europol, the , and Basel on Governance.

The working group is reportedly entering the last phase of a program launched last autumn after 13's November 2015 terrorist attacks in Paris.europol

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.

Also, towards the end of July, the European Commission proposed the creation of a database that stores the data of the real identity of the user and the address he uses for wallet address payments.

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.

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Written by Dimitris

Dimitris hates on Mondays .....

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