Quote from: owm123 on February 07, 2016, 03:57:33 AM

Quote from: ctlaltdefeat on February 06, 2016, 06:51:44 PM

Quote from: abercrombie on February 03, 2016, 12:14:42 PM

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

another bad news for bitcoin,just see that russia start to prevent bitcoin for payment,and now europe will disturbing bitcoin,but i think virtul currency not easy like that to be regulated.

Its enough they regulate exchanges, or put some ridiculous taxes or rules on them. This can easily drive ppl out of exchanges.

There is already a law for electronic money institutions which apply to all the exchangers from EU but they don't respect it. In short, they are out of law.

The EU will enforce this law properly and done. Each exchanger from European Union MUST have a financial license because they are dealing with money. What the exchangers are doing(that KYC or AML) is nothing. You are giving your personal details to some companies you know nothing about and which are not supervised by anybody.

Each financial license company have strict rules(according to law) regarding to where they store your information, who can access this information( from their staff ), etc.
Do you think BTC-e or Bitstamp has these rules?

NO!

A financial licensed company has the same rules as a bank. They must comply with a lot of things. Can someone tell me where is the BTC-e office?

A real financial company must have a real office, external auditor, accounting, compliance officer and so on. BTC will remain as a tinny shit as long the exchangers will not be financial licensed.