EU Crackdown on Crypto Currencies (Bitcoin, etc.)

the eu agreed on stricter crypto currency rules try prevent money laundering, tax evasion , financing of terrorism.

essentially, ends anonymous transactions , crypto currency transactions require transaction users identified government.

believe crypto currency needs regulations , sounds should implement.

bitcoin bubble burst ?

 

all transactions catalogued on block chain. thing regulations drive tech towards more anonymous coins.

legislation affects centralized online wallets/exchanges, bitcoin decentralized, can make own wallet , not go through central authority won't have name.

btw bitcoin hit new high.

 

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