Quote from: teddyelwyn on September 17, 2019, 06:25:14 PM

I found this article particularly interesting David Jevans CEO of ciphertrace interview regarding virgin bitcoins. Apparently they were able to showcase that some coins that were being sold as 'virgin bitcoin' were actually just cleansed via exchange hopping. Freshly mined coins thus still hold the highest regard and highest value

https://cointelegraph.com/news/virgin-bitcoin-most-in-demand-crypto-that-is-regulated-differently

In June, the Financial Action Task Force against money laundering decided to tighten regulation of the cryptocurrency industry, obliging crypto exchanges to comply with AML and CFT (countering the financing of terrorism) procedures the same way such as traditional financial institutions. Many cryptocurrency exchanges started to check the origin of cryptocurrency transactions and block the accounts with bad history. That is why Virgin Bitcoins that have zero history of transactions are so popular. More strong would be regulators control more demand in Virgin Bitcoins.