"Friday, EU states and legislators agreed on stricter rules to prevent money laundering and terrorism financing on exchange platforms for Bitcoin and other virtual currencie.
The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. EU legislators also backed stricter controls on pre-paid cards, and raised transparency requirements for the owners of trusts and companies.
The EU decision comes as bitcoin’s prices have risen 1,700%+ YTD, thus triggering worries that the market is a bubble that could burst in spectacular fashion.
The agreed measures will end anonymous transactions on virtual currency platforms and with pre-paid payment cards, which investigators said could have been used to fund attacks by militants."
http://www.livetradingnews.com/eu-seeks-regulate-bitcoin-tops-19000-66603.html
The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. EU legislators also backed stricter controls on pre-paid cards, and raised transparency requirements for the owners of trusts and companies.
The EU decision comes as bitcoin’s prices have risen 1,700%+ YTD, thus triggering worries that the market is a bubble that could burst in spectacular fashion.
The agreed measures will end anonymous transactions on virtual currency platforms and with pre-paid payment cards, which investigators said could have been used to fund attacks by militants."
http://www.livetradingnews.com/eu-seeks-regulate-bitcoin-tops-19000-66603.html