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Friday, November 27, 2015

Bitcoin Faces Political Reality

The Paris Attacks Look to Be Altering the EU’s Stance on Bitcoin

Ian Kar | November 19, 2015

While the EU recently took steps to treat bitcoin like any other currency, the Paris attacks seem to have prompted a new round of debate on the issue in Brussels.
Reuters reports that EU interior and justice ministers meeting tomorrow (Nov. 20) will propose cracking down on electronic payments, digital currencies, and the anonymous use of pre-paid cards, presumably to keep these channels from being used as a means for terrorist financing.


<more at; related links: (EU clamps down on bitcoin, anonymous payments to curb terrorism funding. November 19, 2015) and (US Defense Dept. analyzing Bitcoin as potential terrorism threat. May 8, 2014)>

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