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EC wants to crack down on virtual currency exchanges

Posted on 04 February 2016

The European Commission (EC) has announced its desire to crack down on the anonymous crypto-currencies. In a recent “action plan for strengthening the fight against terrorist financing”, the EC state its desire to staunch the flow of illicit funds into the hands of terrorists.
This follows on from the European Agenda on Security which highlighted the need to attack terrorist financing. The Action Plan among other things wants to pursue the disruption of “sources of revenue of terrorist organisations, by targeting their capacity to raise funds in the first place”………………………………………..Full Article: Source


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