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Monday, 23 November 2015

Bitcoin under the spotlight in the EU over terrorist financing


The EU is stepping up controls on Bitcoin and prepaid cards to help block terrorist funding

From Business Insider –

“The European Union will increase controls on pre-paid cards, money remittances and bitcoin in a bid to curb terrorism funding after the attacks in Paris that killed 129 people.

EU interior and justice ministers agreed on Friday in Brussels to tighten checks on payment methods that may be conducted anonymously and might be used by terrorist organizations to finance attacks.”

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