“The head of the European Union’s policing agency warned on Monday that virtual currencies such as Bitcoin were being used for money laundering and called for police to be given more powers to identify criminal suspects operating on the Internet. ‘We’re seeing that virtual currencies are being used as an instrument to facilitate crime, particularly in regard to the laundering of illicit profits,’ said Europol head Rob Wainwright, speaking on the margins of a nuclear security conference in The Hague. Wainwright said police should be given new powers to allow them to identify anonymous participants online and bring them to justice.”
http://www.reuters.com/article/2014/03/24/us-bitcoin-europol-money-laundering-idUSBREA2N1A420140324
Related posts:
Czech pharmacies begin selling medical marijuana
Greece defaults on $1.7 billion IMF payment
What Really Drove the Children North
Connecticut becomes first state to pass legislation requiring genetically modified (GM) food labelin...
Gitmo defendant’s lawyers: CIA gave ‘Zero Dark Thirty’ makers more info than us
Cuba cracks down on goods transported in travelers' luggage
Obama mocks Lew’s loopy signature: Don’t devalue the dollar with illegible writing
Norway to Start Withdrawals From Oil Fund to Plug Deficits
U.S. sends anti-missile destroyer near North Korean coast
Anonymous Person Posts $500,000 Bond To Free Texas Teen
Taiwan Police Evict Protesters From Cabinet Building
Former Fed officials lament taxpayers' inability to see necessity of bank bailouts
UPS receives $40 million fine for shipping prescription drugs for online pharmacies
Obama extends US military mission in Afghanistan into 2017
Europe central banks commit to hold gold