“Can you put in place effectively a system that identifies who is sending what to whom? In terms of virtual currencies that remains the same. [..] One significant issue is identification of the beneficial ownership of trusts, entities and companies, the ability of criminals to hide behind a corporate veil or some other legal instrument. That is a challenge we are dealing with. We have a new standard in place for that, and it will be tested in practice very shortly. That will require much closer cooperation between different arms of government that haven’t perhaps had to work together before. I would put that down as a significant challenge going forward.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Internet sites targeted by British MPs for first time ‘in chilling threat to free speech’
Woman taken down, handcuffed for not showing rental agreement quickly enough
Countering rupee devaluation: Pakistani govt slaps temporary ban on gold imports
Jamie Dimon says he regrets calling bitcoin a fraud
Emerging market turmoil 'not another' currency crisis: analysts
France adds Jersey, Bermuda to tax-haven blacklist
Transformation of North San Jose into urban tech hub under way
How The Hungarian Disease Is Spreading Across Central Europe
Convicted TSA Officer Reveals Secrets of Thefts at Airports
Smokers burned by back taxes on Internet cigarette sales [2012]
New world record as two bottles of Macallan whisky fetch US$2.11 million
Panetta: US needs to keep up drone war
US lawmakers call for review of Patriot Act after NSA surveillance revelations
Are there major mistakes in the bombshell economics book of the year?
Power Metals CD launched with exposure to gold, silver, copper