Post
Topic
Board Legal
Re: Europe killing the crypto atm business
by
Oralmat
on 08/10/2016, 15:13:49 UTC
It seems you won't be buying bitcoins for cash anymore soon.
A limited amount or if you do a kyc aml:

http://ec.europa.eu/justice/criminal/document/files/aml-directive_en.pdf

There has to be some give and take along the way and we are going to have to make a few concessions if we ever expect to have a complete social and governmental acceptance.  Like trying to push a bill through congress, there will be a few greased palms and scratched backs and in the end it will be worth it.  The government has to strengthen that illusion of control and if they do not get at least a small amount of that control, then they are going to go nuts and make the whole system illegal.