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EU plans to ban Bitcoin to curb terrorism funding

A crisis meeting will be held today in Brussels to discuss the measures to block any financing to the radical group ISIS. The Bitcoin is the most popular virtual currency, and authorities suspect that members of the ISIS could use it to rapidly transfer money to cells around the world. Law enforcement fear possible abuses of the popular crypto currency, Jennifer Shasky Calvery, head of the US Treasury Departments Financial Crimes Enforcement Network (FinCEN), explained that the virtual currency scheme could facilitate bad actors, including terrorists.”]

Source: http://securityaffairs.co/wordpress/42111/intelligence/eu-plan-ban-bitcoin.html

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