“The European Commission – the executive arm of the European Union – has proposed a directive aimed preventing the use the financial system for terrorist financing which includes a central database for bitcoin and virtual currency users’ identities and wallet addresses accessible to government financial intelligence units (FIUs). The proposal seeks to require member states to bring into force the regulations necessary to comply with this directive by Jan. 1, 2017. The updated anti-money laundering rules adopted May of 2015 marked an important step to improve the effectiveness of EU attempts to combat money laundering from criminal activities and to fight financing terrorist activities, the proposal noted.”
https://www.cryptocoinsnews.com/eu-central-database-bitcoin-users/
Tip Freedomwat.ch Staff with Bitcoin