“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

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