Business Insider says Europe can stop terrorism funding by clamping down on Bitcoin – Bitcoints

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Published on November 19th, 2015 | by bitcoin

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Business Insider says Europe can stop terrorism funding by clamping down on Bitcoin

Business Insider says Europe can stop terrorism funding by clamping down on BitcoinEU interior and justice ministers will gather in Brussels on Friday for a crisis meeting called after the Paris carnage of last weekend.
Bitcoin is the most common virtual currency and is used as a vehicle for moving money around the world quickly and anonymously via the web without the need for third-party verification.
Electronic anonymous payments can be made also with pre-paid debit cards purchased in stores as gift cards.
EU ministers also plan “to curb more effectively the illicit trade in cultural goods,” the draft document said.
(Reporting by Francesco Guarascio)
Read the original article on Reuters.

Source: News.google.com

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