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Bitcoin eu, BTCW / WBIT

EU legislators also backed stricter controls on pre-paid cards, and raised transparency requirements for the owners of trusts and companies.

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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.

It took EU legislators more than a year bitcoin eu negotiations to agree on the legislative proposals, put forward by the European Bitcoin eu in the wake of shooting and bombing attacks in Paris and Brussels in and which killed more than people.

EU agrees clampdown on bitcoin platforms to tackle money laundering

The talks dragged on because some EU states opposed increased transparency on trusts and companies, fearing a negative impact on their economies. Trusts are legitimate financial bitcoin eu to manage assets but have sometimes been accused of hiding illegal activities because of their lack of transparency.

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The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. This version of the story corrects name of organisation in final paragraph to Transparency International, not Amnesty International.

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